UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report:

(Date of earliest event reported)

 

 

 

Check the appropriate box below if the Form filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

 

 

 

SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

 

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 of the Securities Exchange Act of 1934 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. ☐

 

 

 

On December 1, 2025, SCE Recovery Funding (the “Issuing Entity”) issued $1,642,716,000 of Senior Secured Recovery Bonds, Series (the “Bonds”), pursuant to an Indenture and Series Supplement (together, the “Indenture”), each dated as of December 1, 2025, and each of which are annexed hereto as Exhibits 4.1 and 4.2, respectively. The Bonds were offered pursuant to the Prospectus dated November 20, 2025. In connection with this issuance of the Bonds, Southern California Edison Company and the Issuing Entity entered into the Recovy Property Servicing Agreement, Recovery Property Purchase and Sale Agreement, Administration Agreement and Intercreditor Agreement, each dated as of December 1, 025, which are annexed hereto as Exhibits 10.1, 10.2, 10.3 and 10.4, respectively.

 

(d) Exhibits.

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized.