UUU

INDIANA MICH.PWR 18/48 N

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Overview
Analysis

Key terms


Outstanding amount
‪475.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
4.25% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.58%
Maturity date
Aug 15, 2048
Term to maturity
23 years

About INDIANA MICH.PWR 18/48 N


Issuer
Indiana Michigan Power Co.
Sector
Utilities
Industry
Alternative Power Generation
Issue date
Aug 8, 2018
Indiana Michigan Power Co. engages in the business of generation, transmission, and distribution of electric power. The firm is also involved in supplying and marketing electric power at wholesale to other electric utilities, municipalities, and rural electric cooperatives. The company was founded on May 11, 1907 and is headquartered in Columbus, OH.
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