AAA

Indianapolis Power & Light Company 5.7% 01-APR-2054

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Overview
Analysis

AES5769230 analysis



Key facts


Issuer
Indianapolis Power & Light Co.
Issue date
Mar 18, 2024
Maturity date
Apr 1, 2054
Outstanding amount
‪650.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.70% (Fixed)
Yield to maturity
5.84%
IPL provides retail electric service to more than 480,000 residential, commercial and industrial customers in Indianapolis and other central Indiana communities. Since the company's creation in 1926, IPL’s people have been committed to being the best in the industry. IPL continues to safely deliver low-cost electricity and great service, with current residential and commercial rates that are well below industry averages and customer service ratings that are among the best.
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