Bond SouthCal Edison 5.75% ( US842400EW90 ) in USD

Issuer	SouthCal Edison
Market price	100 % ▲
Country	United States
ISIN code	US842400EW90 ( in USD )
Interest rate	5.75% per year ( payment 2 times a year)
Maturity	01/04/2035
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Minimal amount	1 000 USD
Total amount	17 000 000 USD
Cusip	842400EW9
Standard & Poor's ( S&P ) rating	A- ( Upper medium grade - Investment-grade )
Moody's rating	A2 ( Upper medium grade - Investment-grade )
Next Coupon	01/04/2026 ( In 110 days )
Detailed description	Southern California Edison is a major investor-owned electric utility serving a large portion of Central, Southern, and Coastal Southern California. Southern California Edison (SCE), a key subsidiary of Edison International and a prominent electric utility serving a vast region of central and southern California, presents an investment opportunity through its outstanding bond, identified by ISIN US842400EW90 and CUSIP 842400EW9. As an essential service provider in a highly regulated market within the United States, SCE's operational stability forms the bedrock of its credit profile, a fact affirmed by its strong investment-grade ratings: A- from Standard & Poor's and A2 from Moody's, both indicative of a low default risk and a robust capacity to meet financial obligations. This specific bond, denominated in US Dollars, features a fixed annual interest rate of 5.75%, distributed to investors through semi-annual payments, equating to a payment frequency of two times per year. The security is structured with a maturity date of April 1, 2035, offering a long-term horizon for investors seeking stable income. The total issuance size for this bond amounts to $17,000,000, with a minimum purchasable unit set at $1,000, ensuring accessibility for a diverse range of investors. Currently, the bond is trading on the market at 100% of its par value, reflecting a stable valuation relative to its principal. This offering combines a competitive yield with the inherent stability of a regulated utility company, making it a noteworthy consideration for fixed-income portfolios aiming for consistent returns and capital preservation.