Southern California Edison to redeem series D preferreds at month-end

By Susanna Moon

Chicago, March 2 – Southern California Edison said it plans to redeem all of its outstanding series D preference stock.

The preferreds will be redeemed at $100.00 per share plus accrued dividends up to but excluding the redemption date of March 31, according to a company notice.

The company said it plans to fund the redemption using proceeds of an offering of a new series of preference securities.

For questions, call Wells Fargo Bank, NA (800 347-8625).

Southern California Edison is an electric utility company based in Rosemead, Calif.

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