Cleary represented Citigroup Global Markets, J.P. Morgan Securities, Barclays Capital and UBS Securities as representatives of the underwriters in Southern California Edison Company’s three-tranche offering of $550 million principal amount of 1.845% Amortizing First and Refunding Mortgage Bonds, Series 2015A, due 2022, $325 million principal amount of 2.400% First and Refunding Mortgage Bonds, Series 2015B, due 2022 and $425 million principal amount of 3.600% First and Refunding Mortgage Bonds, Series 2015C, due 2045. The transaction closed on January 16, 2015.
Southern California Edison supplies electricity to a 50,000 square mile service area in coastal, central and southern California.
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