PPP

Arizona Public Service Company 4.25% 01-MAR-2049

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Overview
Analysis

PNW4803926 analysis



Key facts


Issuer
Arizona Public Service Co.
Issue date
Feb 28, 2019
Maturity date
Mar 1, 2049
Outstanding amount
‪300.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
4.25% (Fixed)
Yield to maturity
6.42%
Arizona Public Service Co. engages in the provision of electric utility services. The firm provides retail and wholesale electric services to most of the state of Arizona, with the major exceptions of about one-half of the Phoenix metropolitan area, the Tucson metropolitan area, and Mohave County in northwestern Arizona. It has ownership interests in or leases several coal, nuclear, gas, oil, and solar generating facilities . The company was founded by Hutchlon Ohnick in 1886 and is headquartered in Phoenix, AZ.
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