Edison International Signs $900 Million Term Loan Maturing December 22, 2026
Edison International entered into a $900 million term loan agreement with Wells Fargo Bank, National Association, as administrative agent, on December 23, 2025. The loan matures December 22, 2026, can be prepaid without premium or penalty, and the company expects to use proceeds for general corporate and working capital purposes, which may include debt repayment. The filing discloses no earnings or guidance figures, so the event is a new borrowing rather than an operating result.
Key points
- $900 million term loan matures December 22, 2026; prepayable at any time without premium or penalty
- Interest at adjusted term SOFR plus 1.25%, or base rate plus 0.25%
- One financial covenant: ratio of consolidated total recourse indebtedness to consolidated capital not to exceed 0.70 to 1.0 at each quarter end
- Lenders are existing lenders under Edison International's $1.5 billion revolving credit facility and Southern California Edison's $3.35 billion revolving credit facility
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 23, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.