Skip to main content

November 20, 2009

AEP Subsidiary Public Service Company of Oklahoma to Redeem Senior Notes

COLUMBUS, Ohio, November 20, 2009 – Public Service Company of Oklahoma, a public utility subsidiary of American Electric Power (NYSE: AEP), today announced that on December 21, 2009, it will redeem the entire outstanding $150,000,000 principal amount of unsecured 4.85% Senior Notes, Series C, due September 15, 2010, at a redemption price equal to 100% of the principal amount, plus accrued interest thereon to the date of redemption, and a make-whole premium which will be determined three business days prior to the redemption date.

Notice of the redemption is expected to be mailed November 20, 2009. The redemption is in accordance with the terms of the indenture under which the Senior Notes were issued.

The Bank of New York Mellon is the redemption agent and trustee.
MEDIA CONTACT:
Pat D. Hemlepp
Director, Corporate Media Relations
614/716-1620

ANALYSTS CONTACT:
Julie Sherwood
Director, Investor Relations
614/716-2663

Other News Releases

April 04, 2024

AEP Named Leader on New JUST Jobs Scorecard

Read more

February 27, 2024

AEP Completes Sale of New Mexico Solar Assets

American Electric Power has completed the sale of its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus). AEP nets approximately $104 million in cash after tax, transaction fees and other customary adjustments.

Read more

February 26, 2024

AEP Reports 2023 Earnings Results
  • Year-end 2023 GAAP earnings of $4.26 per share; operating earnings of $5.25 per share
  • 2024 operating earnings (non-GAAP) guidance range reaffirmed at $5.53 to $5.73 per share with long-term growth rate of 6% to 7% and FFO/Debt target of 14% to 15%
  • Company advances strategic initiatives including de-risking the business, controlling costs and investing in a modern and reliable grid to benefit customers
Read more