New Issue-Southern California Edison sells $400 mln bonds

Aug 11 (Reuters) - Southern California Edison Co, a unit of
Edison International (EIX.N: Quote, Profile, Research), on Monday sold $400 million in
10-year first mortgage bonds, said IFR, a Thomson Reuters
publication.

The size of the deal was increased from an originally
planned $300 million.

Credit Suisse, Merrill Lynch, and RBS Greenwich Capital
were the joint book-running managers for the sale.
BORROWER: SOUTHERN CALIFORNIA EDISON CO
AMT $400 MLN COUPON 5.50 PCT MATURITY 8/15/2018
TYPE 1ST MTG BDS ISS PRICE 99.432 FIRST PAY 2/15/2009
MOODY'S A2 YIELD 5.575 PCT SETTLEMENT 8/18/2008
S&P SINGLE-A SPREAD 155 BPS PAY FREQ SEMI-ANNUAL
FITCH A-PLUS MORE THAN TREAS NON-CALLABLE