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Edison l preferred stock plan announced
California based Southern California Edison plans a private placement of 751000 cumulative preferred shares at 100 a share to raise about 74 trillion. The proceeds will refinance bonds and finance construction. a previous plan for a $100 million common stock offering was abandoned as the common price was below expectations.
MENTIONED IN THIS ARTICLE
Los Angeles
Southern California
Ediana Co
Californian Public Utiliies Commission
Spiesman
New York
Edison