SoCal Edison Preferred Tender Offer: Time To Cash Out (NYSE:SCE.PR.K)

Core Viewpoint - Southern California Edison Co., a subsidiary of Edison International, is taking measures to reduce or eliminate two series of preferred stock that are set to offer attractive floating dividend rates [1] Group 1 - The company is focused on managing its capital structure by addressing preferred stock that may impact its financial flexibility [1] - The preferred stocks in question are SCE.PR.K and SCE.PR.J, which are currently held by investors [2]