Pennsylvania American Water Company, founded in 1886 and headquartered in Reading, Pennsylvania, is a prominent provider of water and wastewater services in the state. The company serves approximately 2.2 million people across Pennsylvania, focusing on delivering high-quality and reliable water utility services while promoting environmental sustainability.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AWK 7.80% 2026-09-01 USDPennsylvania American Water Co. | United States | 2026-09-01 | 7.800 | 4.16 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Pennsylvania American Water has been an active bond issuer since its inception, with significant issuances occurring to fund essential infrastructure projects and enhancements. Notably, their 2020 bond offering successfully raised $250 million at a yield of 2.75%, reflecting competitive rates compared to the industry average. This issuance marked a strategic move to finance ongoing upgrades and has positioned the company favorably in the capital markets, showcasing its commitment to long-term financial stability and investment in community resources.