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SCE Trust V, 5.45% Fixed-to-Floating Rate Trust Preference Securities

Coupon is fixed until 3/15/2026 after which it floats at a rate of 3 month Libor plus a spread of 3.79%

Ticker: SCE-K

Parent Ticker: EIX

OTC Grey Market Temporary Ticker: NA

Issuance Date: 03/03/2016

1st Call Date: 03/15/2026

Maturity Date: None

Shares Issued: 12,000,000

Overallotment Shares: 0

Coupon: 5.45%

Face Value: $25.00

Cumulative: Yes

Qualified: Yes

Quarterly Dividend Amount: 0.341

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