Edison, Southern California extend credit agreements to 2026

By Wendy Van Sickle

Columbus, Ohio, May 4 – Edison International Inc. and Southern California Edison Co. entered into a second amendment to their credit agreements dated May 17, 2018 with JPMorgan Chase Bank, NA, as administrative agent on Wednesday to extend the agreements by one year, according to an 8-K filing with the Securities and Exchange Commission.

Specifically, each credit agreement is extended to May 17, 2026 and has one remaining one-year extension option.

The amendments also implement language to use a rate based on SOFR as the benchmark rate, as a replacement for Libor.

Edison International is a Rosemead, Calif., energy company.

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