The company said it entered into a Term Loan Credit Agreement with Wells Fargo Bank, National Association, as Administrative Agent, on December 23, 2025, providing for a $900 million term loan.

1. 01

   The company said it entered into a Term Loan Credit Agreement with Wells Fargo Bank, National Association, as Administrative Agent, on December 23, 2025, providing for a $900 million term loan.

2. 02

   The company said the term loan matures on December 22, 2026 and may be prepaid in whole or in part at any time without premium or penalty.

3. 03

   The company said the loan bears interest at adjusted term SOFR plus a margin of 1.25% or a base rate plus a margin of 0.25%, and that it expects to use the proceeds for general corporate and working capital purposes, which may include repaying debt.

4. 04

   The company said it must maintain, at the end of each quarter, a ratio of consolidated total recourse indebtedness to consolidated capital that does not exceed 0.70 to 1.0. It added that the lenders are also lenders under the company's $1.5 billion revolving credit facility and the $3.35 billion revolving credit facility of Southern California Edison.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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