AEP Texas Inc., established as a subsidiary of American Electric Power Company, Inc., is headquartered in Corpus Christi, Texas. The company is primarily engaged in the transmission and distribution of electricity, serving millions of customers across a significant portion of Texas. Its operations focus on providing reliable and efficient electrical services while maintaining investment in infrastructure improvements and energy delivery.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AEP 2.10% 2030-07-01 USDAEP Texas Inc. | United States | 2030-07-01 | 2.100 | 4.27 |
| AEP 3.45% 2050-01-15 USDAEP Texas Inc. | United States | 2050-01-15 | 3.450 | 5.74 |
| AEP 3.45% 2051-05-15 USDAEP Texas Inc. | United States | 2051-05-15 | 3.450 | 5.76 |
| AEP 3.80% 2047-10-01 USDAEP Texas Inc. | United States | 2047-10-01 | 3.800 | 5.79 |
| AEP 3.95% 2028-06-01 USDAEP Texas Inc. | United States | 2028-06-01 | 3.950 | 4.05 |
| AEP 3.95% 2028-06-01 USDAEP Texas Inc. | United States | 2028-06-01 | 3.950 | 4.12 |
| AEP 3.95% 2028-06-01 USDAEP Texas Inc. | United States | 2028-06-01 | 3.950 | 4.12 |
| AEP 4.15% 2049-05-01 USDAEP Texas Inc. | United States | 2049-05-01 | 4.150 | 5.75 |
| AEP 4.70% 2032-05-15 USDAEP Texas Inc. | United States | 2032-05-15 | 4.700 | 4.59 |
| AEP 5.25% 2052-05-15 USDAEP Texas Inc. | United States | 2052-05-15 | 5.250 | 5.64 |
| AEP 5.40% 2033-06-01 USDAEP Texas Inc. | United States | 2033-06-01 | 5.400 | 4.81 |
| AEP 5.70% 2034-05-15 USDAEP Texas Inc. | United States | 2034-05-15 | 5.700 | 5.04 |
| AEP 5.85% 2055-10-15 USDAEP Texas Inc. | United States | 2055-10-15 | 5.850 | 5.77 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
AEP Texas Inc. has a robust history of bond issuances, beginning its journey in the debt markets in the early 2000s. Notable issuances include a $200 million bond in 2016 aimed at financing infrastructure upgrades, which showcased a competitive yield of 3.25%, positioning it favorably against industry averages. Recently, the company issued green bonds which emphasize its commitment to sustainability, further attracting a broader investor base. Current yields on AEP Texas bonds remain appealing compared to industry standards, reflecting the company’s strong credit ratings and solid operational performance.