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Southern California Edison (SCE) plans two $600,000,000 mortgage bond series

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Southern California Edison Company agreed to sell $600,000,000 principal amount of 5.15% First and Refunding Mortgage Bonds, Series 2024D, due 2029, and $600,000,000 principal amount of 4.80% First and Refunding Mortgage Bonds, Series 2026A, due 2033. These long-term bonds lock in fixed interest costs at 5.15% and 4.80% for the respective maturities. Additional details, including final terms and conditions, are contained in the related underwriting agreement, supplemental indentures, officer certificate and legal opinion listed in the exhibit index.

Positive

  • None.

Negative

  • None.

Insights

SCE adds two large fixed-rate bond tranches, adjusting its debt mix without disclosed use of proceeds.

Southern California Edison is agreeing to sell two secured First and Refunding Mortgage Bond series, each with $600,000,000 principal. One carries a 5.15% coupon and matures in 2029, while the other carries a 4.80% coupon and matures in 2033. These instruments are tied to existing mortgage indentures.

Fixed coupons at 5.15% and 4.80% define interest expense on this debt over their respective terms. The excerpt does not describe how proceeds will be used or any refinancing targets, so the overall impact on leverage, liquidity, and interest coverage would need to be assessed using future detailed financial disclosures.

The filing references an underwriting agreement, supplemental indentures, and an officer certificate dated around February 24–28, 2026, which govern covenants and security. Subsequent periodic reports will be key to understand how these bonds integrate into SCE’s broader funding strategy and capital structure metrics.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
0000092103false00000921032026-02-242026-02-24

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 24, 2026

Commission
File Number

  ​ ​ ​

Exact Name of Registrant
as specified in its charter

  ​ ​ ​

State or Other Jurisdiction of
Incorporation or Organization

  ​ ​ ​

IRS Employer
Identification Number

1-2313

SOUTHERN CALIFORNIA EDISON COMPANY

California

95-1240335

Graphic

2244 Walnut Grove Avenue

(P.O. Box 800)

Rosemead,

California

91770

(Address of principal executive offices)

(626) 302-1212

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 8.01             Other Events

On February 24, 2026, Southern California Edison Company (SCE) agreed to sell $600,000,000 principal amount of its 5.15% First and Refunding Mortgage Bonds, Series 2024D, Due 2029, and $600,000,000 principal amount of its 4.80% First and Refunding Mortgage Bonds, Series 2026A, Due 2033. For further information concerning the bonds, refer to the exhibits attached to this report.

Item 9.01             Financial Statements and Exhibits

(d)        Exhibits

See the Exhibit Index below.

EXHIBIT INDEX

Exhibit No.

  ​ ​ ​

Description

1.1

Underwriting Agreement dated February 24, 2026

4.1

One Hundred Fifty-Seventh Supplemental Indenture dated February 28, 2024*

4.2

One Hundred Sixty-Second Supplemental Indenture dated February 25, 2026

4.3

Certificate as to Actions Taken by Officer of Southern California Edison Company, dated as of February 24, 2026

5.1

Opinion of Counsel

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

*Incorporated by reference pursuant to Rule 12b-32.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SOUTHERN CALIFORNIA EDISON COMPANY

(Registrant)

/s/ Kara G. Ryan

Kara G. Ryan

Vice President, Chief Accounting Officer and Controller

Date: March 2, 2026

FAQ

What bond offerings did Southern California Edison (SCE) disclose in this 8-K?

Southern California Edison disclosed agreements to sell two series of First and Refunding Mortgage Bonds, each with $600,000,000 principal. One series carries a 5.15% coupon due 2029, and the other carries a 4.80% coupon due 2033, expanding its long-term fixed-rate debt.

What are the interest rates and maturities of SCEs new mortgage bonds?

One bond series has a 5.15% interest rate and matures in 2029, while the other has a 4.80% interest rate and matures in 2033. Both are First and Refunding Mortgage Bonds, providing long-term fixed-rate financing for Southern California Edison.

How large are the Southern California Edison bond tranches mentioned in the filing?

Southern California Edison agreed to sell $600,000,000 principal amount of 5.15% First and Refunding Mortgage Bonds, Series 2024D, due 2029, and $600,000,000 principal amount of 4.80% First and Refunding Mortgage Bonds, Series 2026A, due 2033, representing two substantial secured debt tranches.

Where can investors find more details on SCEs new bond issues?

More detailed information is contained in the exhibits, including the underwriting agreement, supplemental indentures, an officer certificate, and counsels opinion. These documents specify the bond terms, covenants, and security provisions beyond the basic principal amounts, coupons, and maturities summarized in the main disclosure.

Does the SCE 8-K indicate the type of securities being issued?

Yes. The filing specifies that Southern California Edison is issuing First and Refunding Mortgage Bonds. These are secured debt instruments issued under supplemental indentures, as reflected in the listed exhibits, and they carry fixed coupons of 5.15% and 4.80% with maturities in 2029 and 2033.

Filing Exhibits & Attachments

8 documents