Cleary Gottlieb represented Barclays Capital Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC, and Wells Fargo Securities LLC as representatives of the underwriters in Southern California Edison Co.’s (Southern California Edison) offering of $500 million aggregate principal amount 4.2% first and refunding mortgage bonds, series 2019A, due 2029 and $600 million aggregate principal amount 4.875% first and refunding mortgage bonds, series 2019B, due 2049.
The transaction priced on March 12, 2019, and closed on March 15, 2019.
Southern California Edison is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area of Southern California.