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8-KThe WireStrategic

Material Agreement · Agreement Terminated

Filed Feb 20, 2026 · 4mo ago · Accession 0000092103-26-000007

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM  8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 20, 2026 ​ ​ ​ ​ ​ ​ ​ ​ Commission File Number   ​ ​ ​ Exact Name of Registrant as specified in its charter   ​ ​ ​ State or Other Jurisdiction of Incorporation or Organization   ​ ​ ​ IRS Employer Identification Number 1-2313 ​ SOUTHERN CALIFORNIA EDISON COMPANY ​ California ​ 95-1240335 ​ ​ ​ ​ 2244 Walnut Grove Avenue ( P.O. Box 800 ) Rosemead , California 91770 (Address of principal executive offices) ( 626 ) 302-1212 ​ (Registrant's telephone number, including area code) ​ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ☐ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ☐ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ☐ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ☐ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: None Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ ​ ​ ​ ​ Item  1.01 Entry into a Material Definitive Agreement On February 20, 2026, Southern California Edison Company (“SCE”) entered into a Term Loan Credit Agreement (the “Term Loan Agreement”) with Wells Fargo Bank, National Association (“Wells Fargo”), as Administrative Agent and the several banks and other financial institutions from time to time parties thereto. The Term Loan Agreement provides for up to $1.5 billion in term loans that mature on March 22, 2027. The term loans may be prepaid in whole or in part at any time without any premium or penalty. SCE expects to use the proceeds of the term loans for general corporate and working capital purposes, including the repayment of all borrowings under the $300 million unsecured Term Loan Credit Agreement, dated as of February 11, 2026, with Wells Fargo, as the lender (the “Prior Term Loan Agreement”). The term loans bear interest at either term SOFR plus a margin of 1.00% or a base rate plus a margin of 0.0% . The Term Loan Agreement contains customary representations and warranties, covenants and events of default and has one financial covenant, requiring that SCE maintain at the end of each quarter a ratio of consolidated total indebtedness to consolidated capital at a level that does not exceed 0.65 to 1.0. ​ The lenders that are a party to the Term Loan Agreement or their affiliates have in the past performed, and may in the future from time to time perform, investment banking, financial advisory, lending and/or commercial banking services for SCE and certain of its subsidiaries and affiliates, for which service they have in the past received, and may in the future receive, customary compensation and reimbursement of expenses. In addition, each of the lenders party to the Term Loan Agreement are currently lenders under the $3.35 billion revolving credit facility of SCE and the $1.5 billion revolving credit facility of its parent, Edison International. ​ The foregoing descriptions are qualified in its entirety by reference to the full text of the Term Loan Agreement, filed as Exhibit 10.1 hereto and incorporated by reference herein. ​ Item 1.02. Termination of a Material Definitive Agreement. On February 20, 2026, concurrently with the execution of the Term Loan Agreement described in Item 1.01 above, SCE terminated the Prior Term Loan Agreement, which was due to mature on March 11, 2027. SCE incurred no early termination penalties as a result of such termination. ​ Item  2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant See Item 1.01. ​ Item 9.01             Financial Statements and Exhibits (d)         Exhibits See the Exhibit Index below. ​ EXHIBIT INDEX ​ ​ ​ Exhibit No .   ​ ​ ​ Description ​ ​ ​ 10.1 ​ Term Loan Credit Agreement, dated as of February 20, 2026, among Southern California Edison Company, the several banks and other financial institutions from time to time parties thereto and Wells Fargo Bank, National Association, as Administrative Agent ​ ​ ​ 104 ​ Cover Page Interactive Data File (embedded within the Inline XBRL document) ​ ​ SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ​ ​ ​ SOUTHERN CALIFORNIA EDISON COMPANY ​ (Registrant) ​ ​ ​ /s/ Kara G. Ryan ​ Kara G. Ryan ​ Vice President, Chief Accounting Officer and Controller ​ ​ Date: February 20, 2026 ​ ​ ​ ​ ​ ​
Filing details
Ticker
SCE-PL
CIK
92103
Form type
8-K
Filing date
Feb 20, 2026
Report date
Feb 20, 2026
Document
sce-20260220x8k.htm
Size
1.4 MB