---
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"
generated_at: "2026-06-04T06:45:32.695915+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# AEP amends credit facilities: upsizes $4B to $5B, extends maturities to 2027/2029

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.03
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004904-24-000032
- JSON: https://secwatch.observer/filing/0000004904-24-000032.json
- Plain text: https://secwatch.observer/filing/0000004904-24-000032.txt

## Key facts
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: $5,000,000,000
  - Counterparty: Wells Fargo Bank, National Association, as Administrative Agent
  - Rate: variable interest rate
  - Maturity: due in March 2029
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/4904/000000490424000032/0000004904-24-000032-index.htm
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: $1,000,000,000
  - Counterparty: Wells Fargo Bank, National Association, as Administrative Agent
  - Rate: variable interest rate
  - Maturity: due in March 2027
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/4904/000000490424000032/0000004904-24-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.