Deals 02/27/2024

Loop Capital Markets as co-manager on $1.6 billion first mortgage bond (FMB) offering for Southern California Edison Company

On February 27, 2024, Loop Capital Markets acted as a co-manager on a three-tranche, $1.6 billion FMB offering for Southern California Edison Company. The bonds are rated A2/A-/A- across 2-, 5- and 30-year tranches.

Use of proceeds are earmarked for general corporate purposes, debt repayment and wildfire claims.