Hunton Andrews Kurth LLP

03/30/2023 | Press release | Distributed by Public on 03/30/2023 10:01

Hunton Andrews Kurth Advises on Southwestern Electric Power Company’s $350 Million Offering of Senior Notes

Hunton Andrews Kurth LLP advised the underwriters on an SEC-registered offering by Southwestern Electric Power Company (SWEPCo) of $350 million aggregate principal amount of Senior Notes, Series P, 5.30% due 2033.

SWEPCo is a subsidiary of American Electric Power Company, Inc., a public utility holding company. SWEPCo is engaged in the generation, transmission and distribution of electric power to approximately 551,000 retail customers in northeast Texas and the panhandle of Texas, northwest Louisiana and western Arkansas. It supplies and markets electric power at wholesale to other electric utility companies, municipalities, rural electric cooperatives and other market participants.

The Hunton Andrews Kurth team included Steven C. Friend, Michelle G. Chan, Jingyi "Alice" Yao and Thomas C. White. Robert McNamara and Tim Strother provided tax advice.