Ohio Edison Company, founded in 1904 and headquartered in Akron, Ohio, is a regulated electric utility that primarily provides electric service to residential, commercial, and industrial customers throughout northeast Ohio. The company is a subsidiary of FirstEnergy Corp and is committed to delivering reliable electricity while investing in infrastructure and sustainability initiatives.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FE 5.50% 2033-01-15 USDOhio Edison Co | United States | 2033-01-15 | 5.500 | 4.69 |
| FE 5.50% 2033-01-15 USDOhio Edison Co | United States | 2033-01-15 | 5.500 | 4.69 |
| FE 6.88% 2036-07-15 USDOhio Edison Co | United States | 2036-07-15 | 6.875 | 4.92 |
| FE 8.25% 2038-10-15 USDOhio Edison Co | United States | 2038-10-15 | 8.250 | 5.01 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Ohio Edison has a notable history of bond issuances dating back to the early 20th century, with significant milestones, including a major bond offering in 2010 aimed at funding infrastructure upgrades. Current bond yields are competitive with industry averages, reflecting the company’s strong credit rating and commitment to fiscal responsibility. Recent news includes a $500 million green bond issuance in 2023 to support renewable energy projects, which highlights its focus on sustainability and environmental initiatives.