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News Breaks | | | | December 17, 2012 | | 06:14 EDT |  | EIX | Edison Mission Energy agrees to facilitate equity turnover, debt reduction
Edison Mission Energy announced that it has reached an agreement with the holders of a majority of EME's $3.7B of outstanding public indebtedness and its parent company, Edison International, that, pursuant to a plan of reorganization and pending court approval, would transition Edison International's equity interest to EME's creditors, retire existing public debt and enhance EME's access to liquidity. As EME implements its financial restructuring, which will ultimately result in a substantial de-leveraging of the company's balance sheet, its operations are expected to continue in the normal course without interruption. | |
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News For EIX From The Last 14 Days Check below for free stories on EIX the last two weeks. |
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| May 20, 2013 | | 18:41 EDT | | EIX | Southern California Edison to pay $37M in settlement over Malibu fires
 Subscribe for More Information | | | May 13, 2013 | | 07:39 EDT |  | EIX | Deutsche Bank to host a conference
Subscribe for More Information | | | May 10, 2013 | | 10:00 EDT |  | EIX | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 05:53 EDT | | EIX | Edison International upgraded to Buy from Neutral at Citigroup
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