{"schema_version":"secwatch.filing_event.v1","accession":"0000004904-24-000032","form_type":"8-K","ticker":"AEP","cik":"0000004904","company_name":"AMERICAN ELECTRIC POWER CO INC","filed_at":"2024-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.630517+00:00","generated_at":"2026-06-04T06:45:32.695915+00:00","sec_items":["2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"AEP amends credit facilities: upsizes $4B to $5B, extends maturities to 2027/2029","bullets":["Two-year $1B facility amended to three-year facility due March 2027.","Five-year $4B facility amended to $5B facility due March 2029.","Covenant requires AEP to maintain debt-to-total capitalization not exceeding 67.5%.","Cross-default triggered if AEP or subsidiaries have >$100M debt accelerated.","Lenders cannot refuse a draw based on material adverse change."],"urls":{"canonical":"https://secwatch.observer/filing/0000004904-24-000032","json":"https://secwatch.observer/filing/0000004904-24-000032.json","markdown":"https://secwatch.observer/filing/0000004904-24-000032.md","text":"https://secwatch.observer/filing/0000004904-24-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/4904/000000490424000032/0000004904-24-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/4904/000000490424000032/aep-20240328.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T06:45:32.695915+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"40135e49714bce6fc4364c4731e95a87006b0552","claim":"AMERICAN ELECTRIC POWER CO INC amended credit facility of $5,000,000,000 with Wells Fargo Bank, National Association, as Administrative Agent at variable interest rate maturing due in March 2029.","evidence_excerpt":"and (ii) a five-year $4,000,000,000 facility due in March 2027 was amended and restated to become a five-year $5,000,000,000 facility due in March 2029","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/4904/000000490424000032/0000004904-24-000032-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$5,000,000,000"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association, as Administrative Agent"},{"label":"Rate","value":"variable interest rate"},{"label":"Maturity","value":"due in March 2029"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"8c663ec12c44f3f97039737abea9e0ab580c533f","claim":"AMERICAN ELECTRIC POWER CO INC amended credit facility of $1,000,000,000 with Wells Fargo Bank, National Association, as Administrative Agent at variable interest rate maturing due in March 2027.","evidence_excerpt":"On March 28, 2024, American Electric Power Company, Inc. (“AEP”) amended and restated two existing credit agreements: (i) a two-year $1,000,000,000 facility due in March 2025 was amended and restated to become a three-year facility due in March 2027","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/4904/000000490424000032/0000004904-24-000032-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$1,000,000,000"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association, as Administrative Agent"},{"label":"Rate","value":"variable interest rate"},{"label":"Maturity","value":"due in March 2027"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}