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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Date of report (Date of earliest event reported) | November 18, 2020 |
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AMERICAN ELECTRIC POWER COMPANY, INC. |
(Exact Name of Registrant as Specified in Its Charter)
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New York | 1-3525 | 13-4922640 |
(State or Other Jurisdiction of | (Commission File Number) | (IRS Employer Identification |
Incorporation) | | No.) |
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1 Riverside Plaza, | Columbus, | OH | 43215 |
(Address of Principal Executive Offices) | (Zip Code) |
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(Registrant's Telephone Number, Including Area Code) | (614) | 716-1000 | |
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Common Stock, $6.50 par value | AEP | The NASDAQ Stock Market LLC |
6.125% Corporate Units | AEPPL | The NASDAQ Stock Market LLC |
6.125% Corporate Units | AEPPZ | The NASDAQ Stock Market LLC |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). |
Emerging growth company | ☐ |
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. |
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Item 8.01.Other Events
On November 18, 2020, American Electric Power Company, Inc. (the “Company”) issued debt securities pursuant to an Underwriting Agreement, for which BofA Securities, Inc., MUFG Securities Americas Inc., Scotia Capital (USA) Inc. and TD Securities (USA) LLC acted as Representatives for the Underwriters, relating to the offering and sale by the Company of $450,000,000 0.75% Senior Notes, Series M, due 2023, $450,000,000 1.00% Senior Notes, Series N, due 2025 and $600,000,000 Floating Rate Notes, Series A, due 2023 (collectively, the “Notes”).
The net proceeds from the sale of the Notes will be used to repay all or a portion of $1,000,000,000 outstanding under a 364-day term loan maturing March 22, 2021 and for general corporate purposes. These purposes include the repayment of short term indebtedness, including amounts incurred to retire $500,000,000 aggregate principal amount of 2.15% Series G Senior Notes which matured on November 13, 2020. If the Company does not use the net proceeds immediately, the Company will temporarily invest them in short-term, interest-bearing obligations.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits
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1(a) | |
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4(a) | |
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4(b) | |
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5(a) | |
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104 | Cover Page Interactive Data File - The cover page iXBRL tags are embedded within the inline XBRL document. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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| AMERICAN ELECTRIC POWER COMPANY, INC. |
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| By: | /s/ David C. House |
| Name: | David C. House |
| Title | Assistant Secretary |
November 20, 2020