Financing ·
American Water Capital Corp. has closed a $700 million offering of 5.200% Senior Notes due 2036, generating…
AWKAmerican Water Works Company, Inc.
American Water Capital Corp. has closed a $700 million offering of 5.200% Senior Notes due 2036, generating approximately $694.9 million in net proceeds. The proceeds are intended to fund the company's regulated water and wastewater businesses, repay commercial paper, and support general corporate purposes. This issuance provides necessary long-term financing to support the capital-intensive requirements of the company's regulated utility segments.