Edison International’s $1.5 Billion Equity Distribution Program
May 16, 2019
Cleary Gottlieb represented Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Wells Fargo Securities LLC, as agents, forward sellers, and forward purchasers, in Edison International’s establishment of an up to $1.5 billion equity distribution program consisting of both periodic sales of common stock and forward sales contracts.
The program launched on May 16, 2019.
Edison International is a public utility that, through its subsidiaries, is primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area of Southern California.