Edison Bond Offering.Edison International Edison International (NYSE: EIX) is a public utility holding company based in Rosemead, California. Its subsidiaries include Southern California Edison, and un-regulated non-utility assets Edison Mission Energy, a power producer, and Edison Capital. has sold $800 million in bonds to refinance Refinance 1. When a business or person revises their payment schedule for repaying debt. 2. Replacing an older loan with a new loan offering better terms. Notes: When a business refinances they typically extend the maturity date. a huge bank debt and will keep the troubled utility out of bankruptcy. The bond offering comes with a steep price. The bonds will yield 14 percent annually, about double what a creditworthy cred·it·wor·thy adj. Having an acceptable credit rating. cred  it·wor company would pay to
raise a similar amount.
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