American Electric Power Company, Inc.’s $805 Million Equity Units Offering


Hunton Andrews Kurth LLP advised the underwriters on an SEC-registered offering by American Electric Power Company, Inc. (AEP) of 16,100,000 equity units

Barclays, Morgan Stanley and Wells Fargo Securities acted as Joint Book-Running Managers on the offering.

AEP, based in Columbus, Ohio, operates and maintains the nation’s largest electricity transmission system and more than 219,000 miles of distribution lines to efficiently deliver safe, reliable power to nearly 5.4 million regulated customers in 11 states. AEP also is one of the nation’s largest electricity producers with approximately 32,000 megawatts of diverse generating capacity, including approximately 4,340 megawatts of renewable energy. AEP’s family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas).

The Hunton Andrews Kurth LLP team included Bud Ellis (Picture), Steven Friend, Adam O’Brian, and Michelle Chan. Cary Tolley and Kimberly Nolte provided tax advice.

Involved fees earner: Michelle Chan – Hunton Andrew Kurth; Bud Ellis – Hunton Andrew Kurth; Steven Friend – Hunton Andrew Kurth; Kimberly Nolte – Hunton Andrew Kurth; Adam O’Brian – Hunton Andrew Kurth; Cary Tolley – Hunton Andrew Kurth;

Law Firms: Hunton Andrew Kurth;

Clients: Barclays Bank; Morgan Stanley; Wells Fargo Securities;

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Author: Ambrogio Visconti