American Electric Power Company, Inc. 7.05% 15-DEC-2054American Electric Power Company, Inc. 7.05% 15-DEC-2054American Electric Power Company, Inc. 7.05% 15-DEC-2054

American Electric Power Company, Inc. 7.05% 15-DEC-2054

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Key terms


Outstanding amount
‪400.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
7.05% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
6.65%
Maturity date
Dec 15, 2054
Term to maturity
30 years

About American Electric Power Company, Inc. 7.05% 15-DEC-2054


Sector
Utilities
Industry
Electric Utilities
Home page
Issue date
Jun 20, 2024
FIGI
BBG01NC39302
American Electric Power Co., Inc. engages in the generation, transmission, and distribution of electricity. It operates through the following segments: Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation and Marketing. The Vertically Integrated Utilities segment covers the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The Transmission and Distribution Utilities segment represents the transmission and distribution of electricity for sale to retail and wholesale customers. The AEP Transmission Holdco segment comprised of the development, construction, and operation of transmission facilities through investments in its wholly-owned transmission subsidiaries and joint ventures. The Generation and Marketing segment consists of the non-regulated generation and marketing, risk management, and retail activities. The company was founded on December 20, 1906 and is headquartered in Columbus, OH.
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