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Fitch rates SCE bonds BBB+
Fitch Ratings said it assigned a BBB+ instrument rating to Southern California Edison Co.’s first and refunding mortgage bonds series 2021 A.
Fitch rates SCE’s re-opened 2.25% first and refunding mortgage bonds, due 2030 BBB+.
SCE's issuer default rating is BBB- with a stable outlook. “The ratings and stable outlook primarily reflect credit supportive elements of legislation enacted in 2019, Assembly Bill (A.B.) 1054. Future rating actions will likely turn on the utility's ability to manage wildfire risk,” Fitch said in a press release.
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