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0.000143266475644772 0.000143266475644772 0 -0.00042979942693391 0.00286532951289402 0.00272206303724945 0.00272206303724945 0.00272206303724945
Stock impact report

Edison International Announces Upsizing and Pricing of Public Offering

Edison International (EIX) 
Last edison international earnings: 4/30 04:05 pm Check Earnings Report
US:NYSE Investor Relations: edison.com/home/investors.html
Company Research Source: Business Wire
ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International (NYSE: EIX) announced today the pricing of an underwritten public offering of 28,000,000 shares of its common stock, at a price to the public of $68.50 per share. The offering was upsized from the previously announced offering size of 25,000,000 shares. In conjunction with this offering, Edison International granted the underwriters involved in the offering a 30-day option to purchase up to an additional 4,200,000 shares of its common stock. The offering is expected to close on August 2, 2019, subject to customary closing conditions.The net proceeds from the offering will be used for general corporate purposes, including contributions to Southern California Edison (SCE). Contributions to SCE will be used to repay commercial paper borrowings and for general corporate purposes, including a $1.2 billion contribution to the wildfire insurance fund to be established pursuant to Assembly Bill 1054, which was recently enacted by the Show less Read more
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