debt
confidence high
sentiment neutral
materiality 0.50
American Water Capital Corp. issues $700M of 5.200% Senior Notes due 2036
American Water Works Company, Inc.
- $700M of 5.200% Senior Notes due 2036 issued by AWCC; backed by American Water support agreement.
- Net proceeds of ~$694.9M received at closing on April 1, 2026 after underwriting discounts.
- Proceeds to fund Regulated Businesses segment, repay AWCC commercial paper, and general corporate purposes.
- Underwriting syndicate led by Wells Fargo, PNC, RBC, and U.S. Bancorp.
item 8.01item 9.01