Hunton Andrews Kurth Advises Underwriters in $1 Billion Senior Notes Offering of American Electric Power Company, Inc.

Hunton Andrews Kurth LLP represented the underwriters in connection with an SEC-registered offering by American Electric Power Company, Inc. (“AEP”) of $1 billion aggregate principal amount of its 5.20% Senior Notes, Series R, due 2029. The transaction closed on December 8, 2023.

AEP, based in Columbus, Ohio, is one of the largest investor-owned electric public utility holding companies in the United States, and its electric utility operating companies provide generation, transmission and distribution services to approximately 5.6 million customers in 11 states. AEP has approximately 225,000 miles of distribution lines, 40,000 circuit miles of transmission lines and approximately 23,500 MWs of regulated owned generating capacity as of December 31, 2022. AEP’s family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas).

The Hunton Andrews Kurth team included Steven C. Friend, Michelle G. Chan, Jingyi “Alice” Yao and Thomas White. Robert McNamara, William Freeman and Caitlin Scipioni provided tax advice.