Hunton Andrews Kurth Advises on Public Service Company of Oklahoma’s $800 Million Offering of Green Bonds

Time 1 Minute Read
August 13, 2021
News

Hunton Andrews Kurth LLP advised the underwriters on an SEC-registered offering by Public Service Company of Oklahoma’s (“PSO”) of $400 million aggregate principal amount of its 2.20% Senior Notes, Series J, due 2031 and $400 million aggregate principal amount of its 3.15% Senior Notes, Series K, due 2051.

PSO, a subsidiary of American Electric Power Company, Inc. (“AEP”), is a part of the AEP integrated utility system. PSO’s business consists of generating, selling, purchasing, transmitting and distributing electric power serving retail customers in eastern and southern Oklahoma and supplying and marketing electric power at wholesale to other electric utilities, municipalities, rural electric cooperative and other market participants.

The Hunton Andrews Kurth team included Steven C. Friend, Brendan P. Harney, Michelle G. Chan and Reuben H. Pearlman. Robert J. McNamara and Tim Strother provided tax advice.

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