Hunton Andrews Kurth Advises on Appalachian Power Company’s $400 Million Senior Notes Offering

Hunton Andrews Kurth LLP represented the underwriters in connection with an SEC-registered offering by Appalachian Power Company (“APCo”) of $400 million aggregate principal amount of its 5.65% Senior Notes, Series CC, due 2034. The transaction closed on March 20, 2024.

APCo is a subsidiary of American Electric Power Company (“AEP”) and is part of AEP’s vertically integrated utilities segment. APCo is organized in Virginia and is engaged in the generation, transmission and distribution of electric power to approximately 967,000 retail customers in the southwestern portion of Virginia and southern West Virginia, and in supplying and marketing electric power at wholesale to other electric utility companies, municipalities and other market participants.

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