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As Of Filer Filing For·On·As Docs:Size Issuer 5/31/23 American Electric Power Co. Inc. FWP 1:26K American Electric Power Co. Inc. |
Document/Exhibit Description Pages Size 1: FWP Free-Writing Prospectus HTML 24K
Document |
Issuer: | American Electric Power Company, Inc. | |||||||||||||
Title: | 5.699% Junior
Subordinated Debentures due 2025* | |||||||||||||
Principal Amount: | $850,000,000 | |||||||||||||
Expected Ratings (Moody’s/S&P/Fitch):** | Baa3 (stable outlook) / BBB+ (stable outlook) / BBB- (stable outlook) | |||||||||||||
Trade Date: | May 31, 2023 | |||||||||||||
Settlement Date: | June 2, 2023 (T+2) | |||||||||||||
Final Maturity Date: | August 15, 2025 | |||||||||||||
Interest Payment Dates: | February 15 and August 15 | |||||||||||||
First Interest Payment Date: | August 15, 2023, which payment will include interest accrued at an annual rate of 5.699% from, and including, June 2, 2023 to, but excluding, August 15, 2023. | |||||||||||||
Redemption: | The Debentures are not subject to redemption prior to maturity at the issuer’s option. | |||||||||||||
Benchmark Treasury: | 4.25% due May 31, 2025 | |||||||||||||
Benchmark Treasury Yield: | 4.374% | |||||||||||||
Benchmark Treasury Price: | 99-24+ | |||||||||||||
Spread to Benchmark Treasury: | +155 bps | |||||||||||||
Reoffer Yield: | 5.924% | |||||||||||||
Coupon: | 5.699% | |||||||||||||
Price to Public: | 99.552% | |||||||||||||
Remarketing Fee: | 0.25% | |||||||||||||
CUSIP/ISIN: | 02557T AD1/US02557TAD19 | |||||||||||||
Remarketing Agents: | J.P. Morgan Securities LLC Mizuho Securities USA LLC | |||||||||||||
This ‘FWP’ Filing | Date | Other Filings | ||
---|---|---|---|---|
8/15/25 | ||||
5/31/25 | ||||
8/15/23 | ||||
6/2/23 | ||||
Filed on: | 5/31/23 | 424B5 | ||
11/6/20 | 424B5, 8-K, S-3ASR | |||
List all Filings |