Southern California Edison in $750 Million Mortgage Bond Offerings

Cleary Gottlieb represented Banc of America, Barclays Capital, Morgan Stanley, SunTrust Robinson Humphrey, UBS Investment Bank and Wachovia Securities as representatives of the underwriters in Southern California Edison Company’s offering of $500 million principle amount of 6.05% First and Refunding Mortgage Bonds, Series 2009A, due 2039 and $250 million principle amount of 4.15% First and Refunding Mortgage Bonds, Series 2009B, due 2014. The transaction closed on March 20.

Southern California Edison provides retail electric service to more than 4.6 million business and residential customers over a 50,000 square mile service area in coastal, central and southern California.