Southern California Edison unit prices $1.95 billion of Series 2026-A recovery bonds
Southern California Edison and its SCE Recovery Funding LLC entered into an underwriting agreement on July 21, 2026 for $1,953,948,000 of Senior Secured Recovery Bonds, Series 2026-A, with the bonds expected to be dated July 28, 2026. The filing is a debt financing document; it does not report earnings or change guidance, and the filing does not state the use of proceeds beyond the issuance itself.
Key points
- Underwriting agreement dated July 21, 2026 with RBC Capital Markets, Barclays Capital, Citigroup Global Markets and J.P. Morgan Securities as representatives
- Bond principal of $1,953,948,000 under the Series 2026-A offering, issued by SCE Recovery Funding LLC
- Bonds offered under a prospectus dated July 2, 2026; indenture, servicing and related agreements to be dated July 28, 2026
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing 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 July 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.