Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)

Issuer Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Statement No. 333-258266

LOGO

$300,000,000

4.20% First and Refunding Mortgage Bonds,

Series 2022C, Due 2025

SUMMARY OF TERMS



Security:		4.20% First and Refunding Mortgage Bonds, Series 2022C, Due 2025 (the “Series 2022C Bonds”)

Issuer:		Southern California Edison Company

Principal Amount:		$300,000,000

*Expected Ratings of Securities:**		A3 / A- / BBB+ (Positive / Stable / Positive) (Moody’s / S&P / Fitch)

Trade Date:		May 18, 2022

Settlement Date:**		May 23, 2022 (T + 3)

Maturity:		June 1, 2025

Benchmark US Treasury:		2.750% due May 15, 2025

Benchmark US Treasury Price:		99-23+

Benchmark US Treasury Yield:		2.843%

Spread to Benchmark US Treasury:		T + 140 bps

Reoffer Yield:		4.243%

Coupon:		4.20%

Coupon Payment Dates:		June 1 and December 1

First Coupon Payment Date:		December 1, 2022

Public Offering Price:		99.878%

Optional Redemption:		Callable at any time in whole or in part, at a “make whole” premium of 25 bps, plus accrued and unpaid interest thereon to but excluding the date of redemption.

CUSIP/ISIN:		842400HP1 / US842400HP13

Joint Book-running Managers:		Credit Suisse Securities (USA) LLC (“Credit Suisse”) J.P. Morgan Securities LLC (“J.P. Morgan”) Mizuho Securities USA LLC (“Mizuho”) TD Securities (USA) LLC (“TD Securities”) BNP Paribas Securities Corp. Citigroup Global Markets Inc. Truist Securities, Inc.

Co-managers:

Bancroft Capital, LLC

Blaylock Van, LLC

Cabrera Capital Markets LLC

C.L. King & Associates, Inc.

Guzman & Company

Loop Capital Markets LLC

Stern Brothers & Co.

*	Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Series 2022C Bonds on the Trade Date will be required, by virtue of the fact that the Series 2022C Bonds initially will not settle in T+2, to specify an alternative settlement cycle at the time of any such trade to prevent a failed settlement and should consult their own advisor.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, Credit Suisse, J.P. Morgan, Mizuho or TD Securities can arrange to send you the prospectus if you request it by calling Credit Suisse at 1-800-221-1037, J.P. Morgan at 1-212-834-4533, Mizuho at 1-866-271-7403 or TD Securities at 1-855-495-9846.