QUANTUMONLINE.COM SECURITY DESCRIPTION:  SCE Trust II, 5.10% Trust Preference Securities, liquidation amount $25 per share, guaranteed by Southern California Edison Co., a subsidiary of Edison International (NYSE: EIX) (See our definition of Guaranteed in our Glossary of Income Investing Terms for the technicalities of the guarantee), redeemable at the issuer's option on or after 3/15/2018 at $25 per share plus accrued and unpaid dividends, and with no stated maturity. Cumulative distributions of 5.10% per annum ($1.275 per annum or $0.31875 per quarter) will be paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the record date which will be one business day prior to the payment date while the securities remain in book-entry form (NOTE: the ex-dividend date is one business day prior to the record date). Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders (see page 5 of the prospectus for further information). The preference shares may be redeemed prior to 3/15/2018 if certain changes in tax or investment company law or interpretation occur and certain other conditions are satisfied. This security was rated as Baa2 by Moody’s and BBB- by S&P at the date of its IPO. In regard to the payment of dividends and upon liquidation, the preference shares rank junior to the company's senior debt and preferred stock, equally with other preference securities of the company, and senior to the common shares of the company. The only assets of SCE Trust II will be the shares of the Series G Preference Stock, which have substantially the same payment terms as the Trust Preference Securities. See the IPO prospectus for further information on the trust preference securities by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	5.10% $1.28	$25.00 $25.00	3/15/2018 n.a.	NR BB+ 6/15/2025	3/15, 6/15, 9/15 & 12/15 Click for MW ExDiv Date Click for Yahoo ExDiv Date	YES

Notes:  August 28, 2020 -- Southern California Edison (SCE) announced today that it will redeem $120 million of its cumulative preferred stock consisting of all of the outstanding shares of the 4.32% Series, 4.08% Series, 4.24% Series, and the 4.78% Series (collectively, the “Preferred Stock”) and $180 million of the outstanding shares of its Series G Preference Stock, which will cause SCE Trust II to redeem $180 million of its outstanding 5.10% Trust Preference Securities (“Trust Preference Securities”). Upon redemption, SCE’s preferred equity layer will be in line with its CPUC-authorized level of 5%. The Redemption Date will be September 27, 2020, and the Redemption Prices and accrued and unpaid dividends.

Company's Online Information Links

HOME PAGE:     https://www.edison.com/
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Company's Email Address Links

Inv Rel Email Address	Sam.Ramraj@EdisonIntl.com
General Email Address	invrel@edisonintl.com

Address and Phone Numbers

Address:   2244 Walnut Grove Avenue, Rosemead, CA 91770
Main Phone Number	626-302-2222
Fax Number	626-302-2117
Investor Relations   Sam Ramraj	626-302-2540
Toll Free Phone Number	877-379-9515

CEO - Kevin M. Payne

CFO - William (Tres) Petmecky