Tucson Electric Power Company (TEP), founded in 1892 and based in Tucson, Arizona, serves as a key utility provider committed to delivering reliable and affordable electricity to its customers in southern Arizona. The company plays a crucial role in the region's economic development by offering a comprehensive range of services, including electricity generation, distribution, and maintenance operations for residential, commercial, and industrial sectors.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FTSCN 1.50% 2030-08-01 USDTucson Electric Power Company | United States | 2030-08-01 | 1.500 | 4.13 |
| FTSCN 3.05% - USDTucson Electric Power Company | United States | — | 3.050 | 4.65 |
| FTSCN 3.05% 2025-03-15 USDTucson Electric Power Company | United States | 2025-03-15 | 3.050 | 4.31 |
| FTSCN 3.25% 2032-05-15 USDTucson Electric Power Company | United States | 2032-05-15 | 3.250 | 4.48 |
| FTSCN 3.25% 2051-05-01 USDTucson Electric Power Company | United States | 2051-05-01 | 3.250 | 5.68 |
| FTSCN 4.00% 2050-06-15 USDTucson Electric Power Company | United States | 2050-06-15 | 4.000 | 5.72 |
| FTSCN 4.85% 2048-12-01 USDTucson Electric Power Company | United States | 2048-12-01 | 4.850 | 5.53 |
| FTSCN 5.00% 2044-03-15 USDTucson Electric Power Company | United States | 2044-03-15 | 5.000 | 5.92 |
| FTSCN 5.20% 2034-09-15 USDTucson Electric Power Company | United States | 2034-09-15 | 5.200 | 4.78 |
| FTSCN 5.50% 2053-04-15 USDTucson Electric Power Company | United States | 2053-04-15 | 5.500 | 5.66 |
| FTSCN 5.90% 2055-04-15 USDTucson Electric Power Company | United States | 2055-04-15 | 5.900 | 5.74 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Tucson Electric Power first began issuing bonds in the early 20th century, allowing it to finance expansion and modernization projects. Notably, in 2021, TEP issued $150 million in green bonds to support environmentally sustainable initiatives, aligning with broader industry trends towards renewable energy. Current yields on TEP bonds are competitive within the utility sector, reflecting investor confidence in the company's operational stability and commitment to sustainability.