SCE-PM
SCE Trust VII
$25.00
%
Analyst Rating:N/A

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Financial Services

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Asset Management

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0

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N/A

A Delaware statutory trust (SCE Trust VII), a subsidiary of Southern California Edison Company. The trust issued 7.50% cumulative Trust Preference Securities, each representing an undivided interest in Series M Preference Stock of SCE. Distributions accrue from November 22, 2023, and are payable quarterly beginning March 15, 2024, contingent on SCE dividends on Series M stock. Redemption optional on or after November 22, 2028, under specified terms.

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Price target for SCE Trust VII  $25.00

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