Southern California Edison, a subsidiary of Edison International, has announced the redemption of all outstanding shares of its Series K Preference Stock, triggering the redemption of all outstanding 5.45% Fixed-to-Floating Rate Trust Preference Securities issued by SCE Trust V. The redemption will occur on March 15, 2026, at a price of $25 per Trust Preference Security, plus any accrued and unpaid distributions up to but excluding the redemption date. After the redemption date, all rights with respect to the Trust Preference Securities will terminate, except for the right to receive the redemption price upon surrender of the securities.

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