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Published on 5/6/2014 in the Prospect News Investment Grade Daily.

Southern California Edison eyeing sale of three-year mortgage bonds

By Aleesia Forni

Virginia Beach, May 6 - Southern California Edison Co. is planning to sell first and refunding mortgage bonds, series 2014B, due 2017, according to a 424B5 filed with the Securities and Exchange Commission on Tuesday.

Barclays, Mitsubishi UFJ Securities and CastleOak Securities LP are the joint bookrunners.

Proceeds will be used to repay commercial paper borrowings and for general corporate purposes.

The electric utility is based in Rosemead, Calif.


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