Edison International announced that it will redeem all outstanding shares of its 5.375% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series A. The redemption is scheduled for March 9, 2026, at a price of $1,000 per share.
Shares held through The Depository Trust Company (DTC) will be redeemed following DTC’s standard procedures. Payment to DTC will be handled by Equiniti Trust Company, LLC, acting as the redemption agent. Holders with questions can contact the Redemption Agent toll-free at 718-921-8317. Those who have their shares in brokerage accounts are advised to reach out to their brokers for assistance. For shares not held through DTC, holders must surrender their Series A Preferred Stock certificates to the Redemption Agent along with proper documentation if payment is to be made to someone other than the registered holder.
After the redemption date, all rights associated with the Series A Preferred Stock will end except for the right to receive the redemption price upon surrendering shares. Distributions on these shares will also cease from that date forward.
The company stated: “This news release does not constitute an offer to sell or a solicitation of any offer to buy such securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.”
Edison International (NYSE: EIX) is one of the largest electric utility holding companies in the United States and provides energy services through subsidiaries including Southern California Edison Company and Trio (formerly Edison Energy). Southern California Edison supplies electricity across a wide region of California.
