<SEC-DOCUMENT>0001193125-21-002189.txt : 20210106
<SEC-HEADER>0001193125-21-002189.hdr.sgml : 20210106
<ACCEPTANCE-DATETIME>20210105194151
ACCESSION NUMBER:		0001193125-21-002189
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20210106
DATE AS OF CHANGE:		20210105

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SOUTHERN CALIFORNIA EDISON Co
		CENTRAL INDEX KEY:			0000092103
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				951240335
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-226383
		FILM NUMBER:		21508316

	BUSINESS ADDRESS:	
		STREET 1:		2244 WALNUT GROVE AVE
		STREET 2:		P O BOX 800
		CITY:			ROSEMEAD
		STATE:			CA
		ZIP:			91770
		BUSINESS PHONE:		6263021212

	MAIL ADDRESS:	
		STREET 1:		2244 WALNUT GROVE AVE
		CITY:			ROSEMEAD
		STATE:			CA
		ZIP:			91770

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SOUTHERN CALIFORNIA EDISON CO
		DATE OF NAME CHANGE:	19920703

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SOUTHERN CALIFORNIA EDISON Co
		CENTRAL INDEX KEY:			0000092103
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				951240335
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP

	BUSINESS ADDRESS:	
		STREET 1:		2244 WALNUT GROVE AVE
		STREET 2:		P O BOX 800
		CITY:			ROSEMEAD
		STATE:			CA
		ZIP:			91770
		BUSINESS PHONE:		6263021212

	MAIL ADDRESS:	
		STREET 1:		2244 WALNUT GROVE AVE
		CITY:			ROSEMEAD
		STATE:			CA
		ZIP:			91770

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SOUTHERN CALIFORNIA EDISON CO
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>FWP
<SEQUENCE>1
<FILENAME>d76468dfwp.htm
<DESCRIPTION>FWP
<TEXT>
<HTML><HEAD>
<TITLE>FWP</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Issuer Free Writing Prospectus </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Filed Pursuant to Rule 433 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Registration Statement No. 333-226383 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g76468g0106041556885.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>$150,000,000 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>2.25% First and Refunding Mortgage Bonds, </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Series 2020B, Due 2030 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SUMMARY OF TERMS </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="28%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="71%"></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Security:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">2.25% First and Refunding Mortgage Bonds, Series 2020B, Due 2030 (the &#147;Reopened Series 2020B Bonds&#148;)</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Issuer:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Southern California Edison Company</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Principal Amount:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">$150,000,000. Upon settlement, the Reopened Series 2020B Bonds will form a part of the same series as, and will be fungible with, the Issuer&#146;s outstanding $400,000,000 2.25% First and Refunding Mortgage Bonds, Series 2020B, Due
2030, issued on March&nbsp;9, 2020 (the &#147;Original Series 2020B Bonds&#148;). The aggregate principal amount of this series of bonds will be $550,000,000.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Expected Ratings of Securities*:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">A3 / <FONT STYLE="white-space:nowrap">A-</FONT> / BBB+ (Stable / Negative / Stable) (Moody&#146;s / S&amp;P / Fitch)</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Trade Date:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">January&nbsp;5, 2021</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Settlement Date**:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">January&nbsp;8, 2021 (T + 3)</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Maturity:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">June&nbsp;1, 2030</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Benchmark US Treasury:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">0.875% due November&nbsp;15, 2030</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Benchmark US Treasury Price:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap">99-08</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Benchmark US Treasury Yield:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">0.955%</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Spread to Benchmark US Treasury:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">T + 85 bps</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Reoffer Yield:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">1.805%</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Coupon:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">2.25%</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Coupon Payment Dates:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">June&nbsp;1 and December&nbsp;1</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>First Coupon Payment Date:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">June&nbsp;1, 2021</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Public Offering Price:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">103.737% (plus $346,875.00 of accrued interest from and including December&nbsp;1, 2020 to but excluding the Settlement Date)</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Optional Redemption:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Callable at any time prior to March&nbsp;1, 2030, in whole or in part, at a &#147;make whole&#148; premium of 20 bps, plus accrued and unpaid
interest thereon to but excluding the date of redemption.</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">At any time on or after March&nbsp;1, 2030, callable, in whole or in part, at 100% of the
principal amount of the bonds being redeemed plus accrued and unpaid interest thereon to but excluding the date of redemption.</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>CUSIP/ISIN:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">842400GU1 / US842400GU17</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Joint Book-running Managers:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">MUFG Securities Americas Inc. (&#147;MUFG&#148;)</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">PNC Capital Markets LLC (&#147;PNC&#148;)</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">SMBC Nikko Securities
America, Inc. (&#147;SMBC Nikko&#148;)</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Wells Fargo Securities, LLC (&#147;Wells Fargo&#148;)</P></TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="28%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="71%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B><FONT STYLE="white-space:nowrap">Co-managers:</FONT></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Academy Securities, Inc.</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Cabrera Capital
Markets LLC</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">CastleOak Securities, L.P.</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Loop Capital Markets
LLC</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">R. Seelaus&nbsp;&amp; Co., LLC</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Samuel A.
Ramirez&nbsp;&amp; Company, Inc.</P></TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>*</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to
revision or withdrawal at any time. </B></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>**</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Under Rule <FONT STYLE="white-space:nowrap">15c6-1</FONT> of the Securities Exchange Act of 1934, as
amended, trades in the secondary market generally are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Reopened Series 2020B Bonds on the Trade
Date will be required, by virtue of the fact that the Reopened Series 2020B Bonds initially will not settle in T+2, to specify an alternative settlement cycle at the time of any such trade to prevent a failed settlement and should consult their own
advisor. </B></P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this
communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these
documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, MUFG, PNC, SMBC Nikko or Wells Fargo can arrange to send you the prospectus if you request it by calling MUFG at <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">1-877-649-6848,</FONT></FONT></FONT> PNC at <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">1-855-881-0697,</FONT></FONT></FONT> SMBC
Nikko at <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">1-888-868-6856</FONT></FONT></FONT> (toll free) or Wells Fargo at <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">1-800-645-3751.</FONT></FONT></FONT> </B></P>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g76468g0106041556885.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g76468g0106041556885.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !1 -<# 2(  A$! Q$!_\0
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M1_NFJO\ PB7AW_H"V/\ WX6K.L*L?A[4$0 *MK( !V&TT >>_!O[FK?]L_\
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MCL;T?Q@\-1<KHE\3ZML/]:LK\<-$4872;\#VV?XUS'_"C_$/_/\ Z;_WT_\
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M=<;?>M'2;9[73HXIG+S 9=R.2>V??&* +]%%% !1110 4444 %%%% !1110
J4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 ?_9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
