Hunton Andrews Kurth Advises on $850 Million Senior Notes Offering by AEP Texas Inc.

Hunton Andrews Kurth LLP advised the underwriters in connection with an SEC-registered offering by AEP Texas Inc. (“AEP Texas”) of $850 million aggregate principal, consisting of (i) $500 million aggregate principal amount of 5.45% Senior Notes, Series N, due May 15, 2029 and (ii) $350 million aggregate principal amount of 5.70% Senior Notes, Series O, due May 15, 2034.

AEP Texas is a subsidiary of American Electric Power Company, Inc. AEP Texas is engaged in the transmission and distribution of electric power to approximately 1,111,000 retail customers through retail electric providers in west, central and southern Texas.

The Hunton Andrews Kurth team included Steven C. Friend, Jingyi “Alice” Yao and Gabrielle Kraushaar. Robert McNamara, William Freeman and Caitlin Scipioni provided tax advice.