debt
confidence high
sentiment neutral
materiality 0.50
AEP prices $1B junior subordinated debt offering in two tranches due 2056
AMERICAN ELECTRIC POWER CO INC
- Issued $400M of 5.800% Fixed-to-Fixed Reset Rate Junior Subordinated Debentures, Series C, due 2056.
- Issued $600M of 6.050% Fixed-to-Fixed Reset Rate Junior Subordinated Debentures, Series D, due 2056.
- Both offerings add to existing series from Sep 25, 2025; each series now has $1.5B outstanding.
- Underwriting syndicate includes Guggenheim, J.P. Morgan, MUFG, PNC, Scotia, Wells Fargo.
item 8.01item 9.01