SOUTHERN CALIFORNIA EDISON Co 8K

SCE Recovery Funding LLC executed a Series Supplement to its Indenture to issue approximately $1.95 billion of Senior Secured Recovery Bonds, Series 2026-A, secured by specified recovery property and related collateral, including a $600 million Tranche A-1 bearing 5.388% interest and maturing in 2045.

SCE Recovery Funding LLC entered into a Series Supplement to its Indenture with The Bank of New York Mellon Trust Company, N.A., as Indenture Trustee, to authorize and govern the issuance of a new series of Senior Secured Recovery Bonds, Series 2026-A, in an initial aggregate principal amount of approximately $1.95 billion. Under this supplement, the issuer grants the Indenture Trustee a lien on and security interest in specified Recovery Bond Collateral, including recovery property created under a financing order, fixed recovery charges and related rights, key transaction agreements (such as the sale, servicing, and administration agreements), and related accounts and proceeds, all to secure payment of principal, interest, and other amounts due on the bonds. The supplement sets out the terms for tranches A-1 through A-3, including that Tranche A-1 will have an initial principal amount of $600 million, bear interest at 5.388% per annum, and have a scheduled final payment date of December 15, 2043 and a final maturity date of December 15, 2045, with the Indenture and Series Supplement together constituting a security agreement under applicable law, including the Wildfire Financing Law and the UCC.

Filing Facts

CIK

92103

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-321246

Alert Tier

7