secwatch / observer
8-K filed June 29, 2023, 7:59 PM ET ticker AWK CIK 0001410636
debt confidence high sentiment neutral materiality 0.60

American Water Works Company, Inc. (AWK): debt financing — American Water subsidiary issues $1.035B of 3.625% exchangeable notes due 2026

American Water Works Company, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

American Water Works Company, Inc. incurred convertible notes of $1,035.0 million aggregate principal amount with J.P. Morgan Securities LLC and Mizuho Securities USA LLC, as representatives of the several initial purchasers at 3.625% maturing June 15, 2026.

Instrument
convertible notes
Principal
$1,035.0 million aggregate principal amount
Counterparty
J.P. Morgan Securities LLC and Mizuho Securities USA LLC, as representatives of the several initial purchasers
Rate
3.625%
Maturity
June 15, 2026
Event
incurrence
Exact text from the filing
On June 29, 2023, American Water Capital Corp. (“AWCC”), a wholly owned finance subsidiary of American Water Works Company, Inc. (“American Water”), issued $1,035.0 million aggregate principal amount of its 3.625% Exchangeable Senior Notes due 2026 (the “Notes”), which included an additional $135.0 million principal amount of Notes purchased pursuant to the exercise in full of the option to purchase additional Notes granted to the Initial Purchasers (as defined below) in the Purchase Agreement (as defined below).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

American Water Works Company, Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $1,035.0 million aggregate principal amount of 3.625% Exchangeable Senior Notes due 2026 (effective 2023-06-29).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Value
$1,035.0 million aggregate principal amount of 3.625% Exchangeable Senior Notes due 2026
Effective
2023-06-29
Exact text from the filing
AWCC issued the Notes pursuant to an indenture, dated as of June 29, 2023 (the “Indenture”), among AWCC, American Water and U.S. Bank Trust Company, National Association, as trustee.
View on SEC.gov

101 debt financings filed in the last 30 days. Browse all debt financings →

American Water Works Company, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-23-178616
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