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American Electric Power Company, Inc. has entered into an underwriting agreement to issue $1 billion in new junior…

AEPAmerican Electric Power Co Inc

American Electric Power Company, Inc. has entered into an underwriting agreement to issue $1 billion in new junior subordinated debentures, consisting of $400 million in 5.800% Series C and $600 million in 6.050% Series D notes due 2056. This issuance increases the total outstanding principal for both series to $1.5 billion each, adding to the company's long-term subordinated debt obligations.

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