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AMERICAN ELECTRIC POWER USD 5.1YR CRP BBB- FIXED RATE SYNDICATED BROWNIE BOND MARKET PLACEMENT (US025537AY74)

Post Date: 12 December 2023
American Electric Power Co, Inc has priced a syndicated USD denominated Brownie market bond which matures in 2029. 

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Issuer Details
Issuer American Electric Power Company, Inc
LEI 1B4S6S7G0TW5EE83BO58
Industry Electricity
Country United States
Issuer Description American Electric Power Company, Inc. (AEP) is a utility holding company that owns, directly or indirectly, all of the outstanding common stock of its public utility subsidiaries and varying percentages of other subsidiaries. The service areas of AEP’s public utility subsidiaries cover portions of the states of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia. The generating and transmission facilities of AEP’s public utility subsidiaries are interconnected and their operations are coordinated. Transmission networks are interconnected with distribution facilities in the territories served.
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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]
Yield Notes [Login to see full details]
Trade Date [Login to see full details]
Settlement Date [Login to see full details]
Maturity Date [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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