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Southern California Edison, Variable Rate Series A Non-cumul Preference Stock
Ticker Symbol: SCEDN*     CUSIP: 842400756     Exchange: OTOTC
Security Type:   Traditional Preferred Stock
* NOTE: This security is no longer trading as of 9/16/2015

Security has been Called for:  Wednesday, September 16, 2015

8/17/2015 -- Southern California Edison (SCE) announced today that it intends to redeem all of the outstanding shares of its Series A Preference Stock. The redemption date will be Sep. 16, 2015, and the redemption price will be $100 per share of Series A Preference Stock plus accrued and unpaid dividends up to, but excluding the redemption date. SCE intends to redeem the shares of Series A Preference Stock using the proceeds of an offering of a new series of preference securities. All shares of the Series A Preference Stock are held through The Depository Trust Company, and the shares will be redeemed according to The Depository Trust Company’s procedures. On or before the redemption date, SCE will deposit in escrow for the benefit of the holders the funds necessary for the redemption of the Series A Preference Stock, including accrued and unpaid dividends. On and after the redemption date, all of the outstanding shares of Series A Preference Stock shall be deemed no longer to be outstanding, dividends on the Series A Preference Stock shall cease to accrue, and all rights with respect to the shares called for redemption will thereafter cease and terminate at the close of business on the redemption date, except only the right of the holders to receive the redemption price, but without interest, upon surrender of their shares. Questions relating to, and request for additional copies of, the notice of redemption and related materials should be directed to Wells Fargo Bank, N.A. at (800) 347-8625.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Southern California Edison, Series A Preference Stock, Non-Cumulative, liquidation preference $100 per share, redeemable at the issuer's option on or after 4/30/2010 at $100 per share plus declared and unpaid dividends, with no stated maturity, and with non-cumulative dividend distributions of 5.34% ($5.34) per annum paid quarterly through 4/30/2010 on 1/31, 4/30, 7/31 & 10/31 to holders of record on the date fixed by the board. After 4/30/2010 dividends will be paid at an annual rate of 1.45% plus the highest of the three-month LIBOR Rate, the 10-year Treasury CMT and the 30-year Treasury CMT. 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. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock and the variable rate dividends 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
OTOTCn
OTOTCps
Var Rate
n.a.
$100.00
$100.00
Called for
9/16/2015

None
Baa1 BBB-
5/04/2015
1/31, 4/30, 7/31 & 10/31
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
YES

Go to Parent Company's Record (EIX)

IPO - 4/22/2005 - 4.00 Million Shares @ $100.00/share.    Link to IPO Prospectus
Market Value $404.0 Million

Company's Online Information Links
HOME PAGE:     http://www.edison.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Inv Rel Email Address Scott.Cunningham@EdisonIntl.com
General Email Address invrel@sce.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   Scott Cunningham 626-302-2540
Toll Free Phone Number 877-379-9515
CEO - Theodore F. Craver, Jr. CFO - W. James Scilacci

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