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AMERICAN ELECTRIC POWER USD MULTI TRANCHE CRP BBB- FIXED RATE SYNDICATED BROWNIE BOND (US00108WAS98, US00108WAT71)

Post Date: 22 May 2024

AEP Texas has priced a USD denominated multi tranche syndicated Brownie Bond.

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Issuer Details
Issuer AEP Texas
LEI 5493001L78U618KXNZ75
Industry Electricity
Country United States
Issuer Description AEP Texas Inc. engages in the transmission and distribution of electric power. It serves approximately 1,024,000 retail customers in southern, western, and central Texas. The company was formerly known as AEP Utilities, Inc. and changed its name to AEP Texas Inc. in December 2016. The company was incorporated in 1925 and is based in Dallas, Texas. AEP Utilities, Inc. is a subsidiary of American Electric Power Company, Inc.
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Trade Details
Security Type Bond
Amount USD [Login to see full details]
Total Amount including taps USD [Login to see full details]
Total Amount Outstanding USD [Login to see full details]
Total Order Book USD [Login to see full details]
Structure Fixed Rate
Coupon [Login to see full details]
Reoffer [Login to see full details]
It came at a spread of [Login to see full details] in the Brownie bond market.
Term [Login to see full details]
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Maturity Date [Login to see full details]
Yield Notes [Login to see full details]

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A Brownie bond is an USD-denominated bond issued by a United-States entity in the USA Domestic Bond market.

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