debt
confidence high
sentiment neutral
materiality 0.65
APS issues $950M in notes: $250M 5.70% due 2034 and $700M 5.90% due 2055
ARIZONA PUBLIC SERVICE CO
- Arizona Public Service priced $250M of 5.70% Notes due 2034 and $700M of 5.90% Notes due 2055 in a registered offering.
- Underwriting agreement dated August 12, 2025; supplemental indentures filed as exhibits to Form 8-K.
- Estimated total issuance expenses are $2,157,726, with $1.9M in rating agency fees.
- Proceeds will be used for general corporate purposes (not explicitly stated but typical for such offerings).
item 9.01