---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-032185"
form_type: "8-K"
ticker: "AWR"
cik: "0001056903"
company_name: "AMERICAN STATES WATER CO"
filed_at: "2022-12-19T23:59:59+00:00"
generated_at: "2026-06-21T02:20:04.524464+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Golden State Water issues $130M of unsecured private placement notes at 5.12%-5.22%

## Summary
- Series A $100M at 5.12% due Jan 31, 2033; Series B $30M at 5.22% due Jan 31, 2038.
- Proceeds to pay down short-term borrowings and fund operations and capital expenditures.
- Notes are unsecured, rank equally with unsubordinated debt; make-whole redemption with 50 bps premium.
- Covenants limit total indebtedness/capitalization ratio to 0.6667:1, debt/EBITDA to 8:1.
- GSWC is a wholly owned subsidiary of American States Water Company (NYSE: AWR).

## SEC filing metadata
- accession: 0001628280-22-032185
- form_type: 8-K
- ticker: AWR
- cik: 0001056903
- company_name: AMERICAN STATES WATER CO
- filed_at: 2022-12-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056903/000162828022032185/0001628280-22-032185-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92116/000162828022032185/awr-20221215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-032185
- JSON: https://secwatch.observer/filing/0001628280-22-032185.json
- Plain text: https://secwatch.observer/filing/0001628280-22-032185.txt

## Key facts
- Debt Financings
  AMERICAN STATES WATER CO incurred senior notes of $100,000,000 at 5.12% maturing January 31, 2033.
  - Instrument: senior notes
  - Principal: $100,000,000
  - Rate: 5.12%
  - Maturity: January 31, 2033
  - Event: incurrence
  source text: $100,000,000 aggregate principal amount of Series A Senior Notes at a coupon rate of 5.12% due January 31, 2033
  evidence_url: https://www.sec.gov/Archives/edgar/data/1056903/000162828022032185/0001628280-22-032185-index.htm
- Debt Financings
  AMERICAN STATES WATER CO incurred senior notes of $30,000,000 at 5.22% maturing January 31, 2038.
  - Instrument: senior notes
  - Principal: $30,000,000
  - Rate: 5.22%
  - Maturity: January 31, 2038
  - Event: incurrence
  source text: $30,000,000 aggregate principal amount of Series B Senior Notes at a coupon rate of 5.22% due January 31, 2038
  evidence_url: https://www.sec.gov/Archives/edgar/data/1056903/000162828022032185/0001628280-22-032185-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.