Aep Texas Central Co. is a utility company headquartered in Texas, established to provide reliable electric service to its customers in the region. The company is a subsidiary of American Electric Power, focused on the transmission and distribution of electricity.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AEP 3.85% 2025-10-01 USDAep Texas Central Co. | United States | 2025-10-01 | 3.850 | 0.00 |
| AEP 6.65% 2033-02-15 USDAep Texas Central Co. | United States | 2033-02-15 | 6.650 | 4.88 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since their initial bond issuance in 2001, Aep Texas Central Co. has successfully raised capital through a variety of bond offerings, including a notable $400 million issuance in 2020 to finance infrastructure improvements. Currently, their bonds yield approximately 4.5%, competitive with the utility sector's average. In recent news, Aep Texas Central Co. received upgrades in its credit ratings due to improved financial stability, making its bonds increasingly attractive to retail investors.