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SCE Trust IV, 5.375% Fixed to Floating Rate Trust Preference Securities

Coupon is fixed at 5.375% until 9/15/2025 after which it floats at 3 month Libor plus a spread of 3.132%

Ticker: SCE-J

Parent Ticker: EIX

OTC Grey Market Temporary Ticker: NA

Issuance Date: 08/17/2015

1st Call Date: 09/15/2025

Maturity Date: None

Shares Issued: 13,000,000

Overallotment Shares: 0

Coupon: 5.375%

Face Value: $25.00

Cumulative: Yes

Qualified: Yes

Quarterly Dividend Amount: 0.336

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 15

S&P Rating: BB+

III Rating (In Regards to Dividend Safety Only): B

Moody Rating: Baa3

Fitch Rating: NR

Egan-Jones Rating: NR