Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
March 23 2017 - 6:04AM
Edgar (US Regulatory)
Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement No. 333-206993
$400,000,000
2.125% Senior Notes Due 2020
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SUMMARY OF TERMS
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Security:
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2.125% Senior Notes due 2020
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Issuer:
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Edison International (EIX)
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Principal Amount:
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$400,000,000
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Expected Ratings of Securities*:
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A3 / BBB /
A-
(Moody’s / S&P / Fitch)
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Trade Date:
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March 22, 2017
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Settlement Date:
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March 29, 2017 (T+5)
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Maturity Date:
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April 15, 2020
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Benchmark US Treasury:
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1.625% due March 15, 2020
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Benchmark US Treasury Price:
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100-09
3
⁄
4
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Benchmark US Treasury Yield:
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1.520%
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Spread to Benchmark US Treasury:
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T + 62.5 basis points
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Reoffer Yield:
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2.145%
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Coupon:
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2.125% per annum
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Coupon Payment Dates:
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April 15 and October 15
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First Coupon Payment Date:
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October 15, 2017
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Public Offering Price:
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99.941% of Principal Amount
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Optional Redemption:
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Callable at any time, in whole or in part, at a “make whole” premium of T + 10 basis points.
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CUSIP/ISIN:
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281020 AK3 / US281020AK32
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Joint Book-Running Managers:
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Barclays Capital Inc. (“Barclays”)
Wells Fargo Securities, LLC (“Wells Fargo Securities”)
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Co-Managers:
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BNP Paribas Securities Corp.
PNC Capital
Markets LLC
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*
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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.
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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, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays at
1-888-603-5847
or Wells Fargo Securities at
1-800-645-3751.
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