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Published on 1/8/2024 in the Prospect News Bank Loan Daily, Prospect News Green Finance Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Fitch rates SCE bonds A-

Fitch Ratings said it assigned an A- rating to Southern California Edison Co.'s first and refunding mortgage bonds.

The rating is in line with Fitch ratings on Southern California Edison’s other senior secured debt.

The proceeds will be used to fund the payment of wildfire claims and related expenses above the expected insurance proceeds, repay commercial paper borrowings and for general corporate purposes.

The outlook is stable.


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