debt
confidence high
sentiment neutral
materiality 0.60
Appalachian Power Recovery Funding LLC issues $1.3755B in Series 2026-A SAC Bonds
Appalachian Power Recovery Funding LLC
- Underwriting Agreement with Goldman Sachs, J.P. Morgan, RBC Capital Markets dated May 19, 2026.
- Closing expected May 27, 2026; bonds are senior secured by securitized asset cost property.
- Issuance is under Virginia Securitization Law and a Financing Order; proceeds for cost recovery.
- Appalachian Power Company acts as seller and servicer in the transaction.
item 1.01item 9.01