| | |
Per Note
|
| |
Total
|
| ||||||
Initial public offering price(1)
|
| | | | 99.863% | | | | | $ | 399,452,000 | | |
Underwriting discount
|
| | | | 0.650% | | | | | $ | 2,600,000 | | |
Proceeds, before expenses, to Arizona Public Service Company
|
| | | | 99.213% | | | | | $ | 396,852,000 | | |
| | |
Page
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Prospectus Supplement
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| | | | S-5 | | | |
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| | | | S-5 | | | |
| | | | S-7 | | | |
| | | | S-8 | | | |
| | | | S-13 | | | |
| | | | S-17 | | | |
| | | | S-22 | | | |
| | | | S-22 | | |
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Page
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Prospectus
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| | | | 27 | | |
(All dollar figures in thousands, except footnotes)
|
| |
Nine Months Ended
September 30, |
| |
Year Ended December 31,
|
| ||||||||||||||||||||||||
| | |
2022
|
| |
2021
|
| |
2021
|
| |
2020
|
| |
2019
|
| |||||||||||||||
Operating Revenues
|
| | | $ | 3,315,071 | | | | | $ | 3,004,978 | | | | | $ | 3,803,835 | | | | | $ | 3,586,982 | | | | | $ | 3,471,209 | | |
Net Income Attributable to Common Shareholder
|
| | | $ | 525,863 | | | | | $ | 598,698 | | | | | $ | 632,279 | | | | | $ | 568,028 | | | | | $ | 565,271 | | |
| | |
As of September 30,
2022(1) |
| |||
Long-term Debt(2)
|
| | | $ | 6,396,740 | | |
Total Equity(3)
|
| | | | 7,236,194 | | |
Total Capitalization
|
| | | $ | 13,632,934 | | |
Underwriters
|
| |
Principal Amount
of Notes |
| |||
BofA Securities, Inc.
|
| | | $ | 76,000,000 | | |
Mizuho Securities USA LLC
|
| | | | 76,000,000 | | |
Wells Fargo Securities, LLC
|
| | | | 76,000,000 | | |
PNC Capital Markets LLC
|
| | | | 48,000,000 | | |
Citigroup Global Markets Inc.
|
| | | | 40,000,000 | | |
KeyBanc Capital Markets Inc.
|
| | | | 40,000,000 | | |
Scotia Capital (USA) Inc.
|
| | | | 40,000,000 | | |
Academy Securities, Inc.
|
| | | | 4,000,000 | | |
Total
|
| | | $ | 400,000,000 | | |
| | |
Paid by Arizona Public
Service Company |
| |||
Per Note
|
| | | | 0.650% | | |
| | |
Page
|
| |||
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| | | | 27 | | | |
| | | | 27 | | |
|
Pinnacle West Capital Corporation
Office of the Secretary Station 8602 P.O. Box 53999 Phoenix, Arizona 85072-3999 (602) 250-4400 |
| |
Arizona Public Service Company
Office of the Secretary Station 8602 P.O. Box 53999 Phoenix, Arizona 85072-3999 (602) 250-4400 |
|
| Or online at www.pinnaclewest.com. | | | | |
| | | | | |
Security
Type |
| | |
Security
Class Title |
| | |
Fee
Calculation Rule |
| | |
Amount
Registered |
| | |
Proposed
Maximum Offering Price Per Unit |
| | |
Maximum
Aggregate Offering Price |
| | |
Fee Rate
|
| | |
Amount of
Registration Fee |
| | |||||||||||||||||||||
| |
Newly Registered Securities
|
| | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| |
Fees to Be Paid
|
| | | | | Debt | | | | |
6.35% Notes due 2032
|
| | | | | Rule 457(r) | | | | | | $ | 400,000,000 | | | | | | | 99.863% | | | | | | $ | 399,452,000 | | | | |
$110.20 per
$1,000,000 |
| | | | $ | 44,020 | | | | |||
| |
Fees Previously Paid
|
| | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | | | | | — | | | |
| | | | | |
Total Offering Amounts
|
| | | | | | | | | | | $ | 399,452,000 | | | | | | | | | | $ | 44,020 | | | | ||||||||||||||||||||||||
| | | | | |
Total Fees Previously Paid
|
| | | | | | | | | | | | | | | | | | | | | | | — | | | | ||||||||||||||||||||||||
| | | | | |
Total Fee Offsets
|
| | | | | | | | | | | | | | | | | | | | | | | — | | | | ||||||||||||||||||||||||
| | | | | |
Net Fee Due
|
| | | | | | | | | | | | | | | | | | | | | | $ | 44,020 | | | |
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