Published on 7/28/2016 in the Prospect News Private Placement Daily.
New Issue: Public Service Co. of Oklahoma sells senior notes totaling $150 million
By Lisa Kerner
Charlotte, N.C., July 28 – Public Service Co. of Oklahoma, a subsidiary of American Electric Power Co., Inc., issued in July $50 million of 3.05% senior unsecured notes due in 2026 and $100 million of 4.11% senior unsecured notes due in 2046.
American Electric Power, a Columbus, Ohio-based electricity provider, noted the placement in a form 10-Q filed with the Securities and Exchange Commission on Thursday.
| Issuer: | Public Service Co. of Oklahoma
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| Issue: | Senior unsecured notes
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| Distribution: | Private placement
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| Amount: | $50 million
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| Coupon: | 3.05%
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| Maturity: | 2026
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| Amount: | $100 million
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| Coupon: | 4.11%
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| Maturity: | 2046
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