Ohio Power Co, founded in the early 1900s and headquartered in Columbus, Ohio, serves as a leading electric utility company dedicated to providing reliable energy to its residential and commercial customers across the state. The company specializes in the generation, transmission, and distribution of electricity, ensuring a stable energy supply while actively investing in renewable energy initiatives to meet growing demand and regulatory standards.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AEP 1.63% 2031-01-15 USDOhio Power Co | United States | 2031-01-15 | 1.625 | 4.21 |
| AEP 2.60% 2030-04-01 USDOhio Power Co | United States | 2030-04-01 | 2.600 | 4.10 |
| AEP 2.90% 2051-10-01 USDOhio Power Co | United States | 2051-10-01 | 2.900 | 5.65 |
| AEP 4.00% 2049-06-01 USDOhio Power Co | United States | 2049-06-01 | 4.000 | 5.53 |
| AEP 4.15% 2048-04-01 USDOhio Power Co | United States | 2048-04-01 | 4.150 | 5.65 |
| AEP 5.00% 2033-06-01 USDOhio Power Co | United States | 2033-06-01 | 5.000 | 4.60 |
| AEP 5.65% 2034-06-01 USDOhio Power Co | United States | 2034-06-01 | 5.650 | 4.83 |
| AEP 6.60% 2033-02-15 USDOhio Power Co | United States | 2033-02-15 | 6.600 | 4.75 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Ohio Power Co began its bond issuance program in the 1920s to finance infrastructure development. Notably, in 2020, the company launched a $500 million bond offering to refinance existing debt and support renewable projects, resulting in a competitive yield of approximately 3.5%, outperforming the industry average. The company's most recent bond feature includes a callable provision, granting flexibility for future refinancing. Investors closely monitor Ohio Power Co's strategic securities actions, especially amidst industry shifts toward greener technologies.