Edison International’s $400 Million Offering
August 1, 2022
Cleary Gottlieb represented Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, and Wells Fargo Securities LLC, as representatives of the underwriters in an offering of $400 million 4.7% senior notes due 2025 by Edison International.
The offering priced on August 1, 2022, and is expected to close on August 4, 2022.
The net proceeds from the offering will be used for general corporate purposes. Cleary has been longtime designated underwriters’ counsel on securities offerings by Edison International and its subsidiary Southern California Edison.
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.