Southern California Edison Files 8-K
Ticker: SCE-PM · Form: 8-K · Filed: May 13, 2024 · CIK: 92103
| Field | Detail |
|---|---|
| Company | Southern California Edison Co (SCE-PM) |
| Form Type | 8-K |
| Filed Date | May 13, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $25 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, disclosure, financials
TL;DR
SCE filed an 8-K on May 13th for events on May 7th, including financial exhibits.
AI Summary
Southern California Edison Co. filed an 8-K on May 13, 2024, reporting other events and financial statements/exhibits. The filing pertains to the period ending May 7, 2024, and includes information related to SCE Trust VIII.
Why It Matters
This filing provides updates on significant events and financial disclosures for Southern California Edison, which could impact investors and stakeholders.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of events and financial statements, not indicating any immediate operational or financial distress.
Key Players & Entities
- SOUTHERN CALIFORNIA EDISON Co (company) — Filer
- SCE TRUST VIII (company) — Related Entity
- May 7, 2024 (date) — Earliest event reported date
- May 13, 2024 (date) — Date of report
FAQ
What specific 'Other Events' are being reported by Southern California Edison Co. in this 8-K filing?
The filing indicates 'Other Events' as an item information, but the specific details of these events are not provided in the excerpt.
What is the significance of SCE Trust VIII in relation to Southern California Edison Co.'s filing?
SCE Trust VIII is listed as a filer with its own Central Index Key and IRS number, suggesting it is a related entity or subsidiary involved in the filing.
What period does the 'Date of earliest event reported' refer to?
The 'Date of earliest event reported' is May 7, 2024.
What are the main sections of information included in this 8-K filing?
The filing includes 'Other Events' and 'Financial Statements and Exhibits'.
What is the SIC code for Southern California Edison Co. and what does it represent?
The SIC code is 4911, which represents 'ELECTRIC SERVICES'.
Filing Stats: 717 words · 3 min read · ~2 pages · Grade level 11.9 · Accepted 2024-05-13 16:06:24
Key Financial Figures
- $25 — rence Securities, liquidation amount of $25 per such security (the "Trust Preferenc
Filing Documents
- sce-20240507x8k.htm (8-K) — 52KB
- sce-20240507xex1d1.htm (EX-1.1) — 312KB
- sce-20240507xex4d1.htm (EX-4.1) — 58KB
- sce-20240507xex4d2.htm (EX-4.2) — 468KB
- sce-20240507xex4d3.htm (EX-4.3) — 50KB
- sce-20240507xex5d1.htm (EX-5.1) — 16KB
- sce-20240507xex5d2.htm (EX-5.2) — 11KB
- sce-20240507xex5d3.htm (EX-5.3) — 17KB
- sce-20240507xex8d1.htm (EX-8.1) — 6KB
- sce-20240507x8k003.jpg (GRAPHIC) — 6KB
- sce-20240507xex1d1001.jpg (GRAPHIC) — 8KB
- sce-20240507xex5d1001.jpg (GRAPHIC) — 19KB
- sce-20240507xex5d1002.jpg (GRAPHIC) — 12KB
- 0000092103-24-000018.txt ( ) — 1362KB
- sce-20240507.xsd (EX-101.SCH) — 4KB
- sce-20240507_def.xml (EX-101.DEF) — 3KB
- sce-20240507_lab.xml (EX-101.LAB) — 15KB
- sce-20240507_pre.xml (EX-101.PRE) — 9KB
- sce-20240507x8k_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events On May 7, 2024, SCE Trust VIII, a statutory trust formed under the laws of the State of Delaware (the "Trust") by Southern California Edison Company (the "Company") agreed to sell 14,000,000 of the Trust ' s 6.95% Trust Preference Securities, liquidation amount of $25 per such security (the "Trust Preference Securities"), representing undivided beneficial ownership interests in the assets of the Trust. The Trust Preference Securities are guaranteed by the Company on a subordinated basis (the "Guarantee"). The proceeds from the sale of the Trust Preference Securities, together with the proceeds from the sale by the Trust of its common securities to the Company, were used by the Trust to purchase shares of the Company's Series N Preference Stock (the "Preference Shares"). The offering relates to the registration statement on Form S-3 filed by the Company and the Trust (File No. 333-258266). The offering is more fully described in the prospectus dated May 7, 2024 and filed with the Securities and Exchange Commission on May 8, 2024.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits See the Exhibit Index below. EXHIBIT INDEX Exhibit No . Description 1.1 Underwriting Agreement among the Company, the Trust and the underwriters named therein dated as of May 7, 2024 4.1 Certificate of Determination of Preferences of the Company's Series N Preference Stock 4.2 Amended and Restated Declaration of Trust of SCE Trust VIII, dated May 13, 2024, among the Company (as Sponsor), The Bank of New York Mellon Trust Company, N.A. (as Institutional Trustee), BNY Mellon Trust of Delaware (as Delaware Trustee) and the Administrative Trustees named therein 4.3 Guarantee Agreement, dated May 13, 2024, by the Company 4.4 Specimen Trust Preferred Security Certificate (included in 4.2) 5.1 Opinion of Richards, Layton & Finger, P.A., dated May 13, 2024, regarding validity of the Trust Preference Securities (including the consent of such counsel) 5.2 Opinion of Michael A. Henry, dated May 13, 2024, regarding validity of the Series N Preference Shares (including the consent of such counsel) 5.3 Opinion of Baker & McKenzie LLP, dated May 13, 2024, regarding the validity of the Guarantee (including the consent of such counsel) 8.1 Opinion of Baker & McKenzie LLP, dated May 13, 2024, regarding certain tax matters (including the consent of such counsel) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SOUTHERN CALIFORNIA EDISON COMPANY (Registrant) /s/ Natalia Woodward Natalia Woodward Vice President and Treasurer Date: May 13, 2024