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AEP Texas to price series J senior notes via four bookrunners
By Devika Patel
Knoxville, Tenn., May 4 – AEP Texas Inc. plans to price fixed-rate series J senior notes, according to a 424B5 filed with the Securities and Exchange Commission.
The notes feature a make-whole call and then a par call.
CIBC World Markets Corp., MUFG, Scotia Capital (USA) Inc. and TD Securities (USA) LLC are the bookrunners.
Academy Securities Inc. and Loop Capital Markets LLC are the co-managers
Proceeds will be used for general corporate purposes.
AEP Texas is a Corpus Christi, Tex.-based electric company.
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