NEW YORK (Standard&Poor's) Dec. 3, 2003--Standard&Poor's Ratings Services said today it raised its corporate credit and senior unsecured debt ratings on Rosemead, Calif.-based utility holding company Edison International to 'BB+' from 'B-'. The outlook was revised to stable from developing. The corporate credit ratings of Edison's wholly owned, regulated utility subsidiary, Southern California Edison Co. (SCE), and Edison's investment arm, Edison Funding Co. (EFC), were raised to 'BBB' and 'BB+' from 'BB' and 'B-', respectively. The outlooks for SCE's and EFC's ratings were also revised to stable from developing. The short-term and commercial paper ratings for EFC were also raised to 'B' from 'C'. These positive ratings actions do not extend to the corporate credit ratings
