El Paso Electric Company, founded in 1901 and headquartered in El Paso, Texas, is a publicly traded utility company dedicated to delivering reliable electric service to its customers across West Texas and Southern New Mexico. The company offers a range of services including electric generation, transmission, distribution, and customer solutions, with a commitment to sustainable energy practices and community engagement.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| EE 5.00% 2044-12-01 USDEl Paso Electric Company | United States | 2044-12-01 | 5.000 | 5.91 |
| EE 6.00% 2035-05-15 USDEl Paso Electric Company | United States | 2035-05-15 | 6.000 | 5.44 |
| EE 7.50% 2038-03-15 USDEl Paso Electric Company | United States | 2038-03-15 | 7.500 | 5.83 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
El Paso Electric has a long history of bond issuance, beginning in the mid-20th century to finance infrastructure improvements and expansions. In recent years, the company has issued bonds primarily to support renewable energy projects and modernization efforts, with notable offerings such as a $250 million green bond in 2021. Current yields on El Paso Electric’s bonds reflect competitive positions within the utility sector, and the company maintains a strong credit rating, which enhances investor confidence. Recent news highlights the company’s plans to explore additional financing to support its clean energy initiatives and fulfill regulatory requirements.