Hunton Andrews Kurth Advises Underwriters on $600 Million SEC-Registered Senior Notes Offering by AEP Texas Inc

Hunton Andrews Kurth LLP advised the underwriters in connection with an SEC-registered offering by AEP Texas Inc. (“AEP Texas”) of $600 million aggregate principal amount of its 2.10% Senior Notes, Series I, due 2030. The transaction closed on July 1, 2020.

AEP Texas is a subsidiary of American Electric Power Company, Inc. (“AEP”) and is part of AEP’s transmission and distribution utilities segment. AEP Texas is engaged in the transmission and distribution of electric power to approximately 1,049,000 retail customers through retail electric providers in west, central and southern Texas.

The Hunton Andrews Kurth team included Bud Ellis, Steven Friend, Michelle Chan and Mae Ji. Cary Tolley and Anna Page provided tax advice.