AAA

Ohio Power Company 2.9% 01-OCT-2051

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Overview
Analysis

AEP5256223 analysis



Key facts


Issuer
Ohio Power Co.
Issue date
Sep 13, 2021
Maturity date
Oct 1, 2051
Outstanding amount
‪600.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
2.90% (Fixed)
Yield to maturity
6.99%
Ohio Power Co. engages in the generation, transmission, and distribution of electric power to retail customers. It also supplies and markets electric power at wholesale to other electric utility companies, municipalities, and other market participants. The principal industries served by the company include: primary metals, chemicals and allied products, health services, electronic machinery, petroleum refining, and rubber and plastic products. The company was founded in 1907 and is headquartered in Columbus, OH.
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