{"schema_version":"secwatch.filing_event.v1","accession":"0001702494-25-000023","form_type":"8-K","ticker":null,"cik":"0001702494","company_name":"AEP Transmission Company, LLC","filed_at":"2025-10-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.192263+00:00","generated_at":"2026-05-17T03:15:17.147900+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"AEP Transmission closes $1.6B DOE-guaranteed loan for grid upgrades","bullets":["DOE-guaranteed loan up to $1.604B to reconductor ~5,000 miles of transmission lines in IN, MI, OH, OK, WV.","Loan matures April 15, 2055; interest at UST rate + 0.375%, payable semiannually starting April 2026.","Proceeds used solely for eligible project costs; $6.68M in fees paid to DOE and advisors at closing.","Agreement includes customary covenants and events of default; DOE may accelerate all amounts on default."],"urls":{"canonical":"https://secwatch.observer/filing/0001702494-25-000023","json":"https://secwatch.observer/filing/0001702494-25-000023.json","markdown":"https://secwatch.observer/filing/0001702494-25-000023.md","text":"https://secwatch.observer/filing/0001702494-25-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1702494/000170249425000023/0001702494-25-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1702494/000170249425000023/aeptco-20251015.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:15:17.147900+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fbff4fc8c29c0c63702e087e803ae2f302877386","claim":"AEP Transmission Company, LLC incurred term loan of $1,604,409,000 with Federal Financing Bank at U.S. Treasury rate plus a spread equal to 0.375% maturing April 15, 2055.","evidence_excerpt":"Company, LLC (the “Company”), a wholly owned subsidiary of American Electric Power Company, Inc. (“AEP”), for a loan facility of an aggregate principal amount of up to $1.6 billion through the DOE’s Energy Infrastructure Reinvestment Program (the “DOE Loan Program”) to be arranged by the DOE and extended by the Federal Financing Bank (the “FFB”). On October","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1702494/000170249425000023/0001702494-25-000023-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$1,604,409,000"},{"label":"Counterparty","value":"Federal Financing Bank"},{"label":"Rate","value":"U.S. Treasury rate plus a spread equal to 0.375%"},{"label":"Maturity","value":"April 15, 2055"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}