Deals • 02/18/2021

Loop Capital Markets acts as co-manager on a $337 million senior secured recovery bond offering for Southern California Edison

On February 18, 2021, Loop Capital Markets acted as a co-manager on a three-tranche, $337 million, senior secured recovery bond offering for Southern California Edison (SCE). The bonds are rated Aaa/AAA/AAA across 12- 19- and 24-year tranches.

Use of proceeds are earmarked for reimbursing SCE for previously incurred recovery costs, including the retirement of related debt.

Loop Capital Markets acts as co-manager on a $337 million senior secured recovery bond offering for Southern California Edison

Related articles

Loop Capital Markets as co-manager on $1.5 billion senior unsecured notes offering for Amphenol Corporation

Loop Capital Markets as co-manager on $3.5 billion senior unsecured notes offering for Enbridge Inc.

Loop Capital Markets as co-manager on $1.2 billion first mortgage bond (FMB) offering for Public Service Company of Colorado