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Published on 9/27/2018 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Southwestern Electric calls all $400 million 6.45% notes due 2019

By Marisa Wong

Morgantown, W.Va., Sept. 27 – Southwestern Electric Power Co., a subsidiary of American Electric Power, announced it will redeem on Oct. 26 all $400 million of its 6.45% senior notes, series G, due 2019.

The notes will be redeemed at par plus a make-whole premium and interest through the redemption date.

The Bank of New York Mellon Trust Co., NA is the redemption agent and trustee.

AEP is an electric utility based in Columbus, Ohio. Southwestern Electric is based in Shreveport, La.


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