Deals 05/13/2020

Loop Capital Markets acted as co-manager on a $500 million senior unsecured bond offering for Appalachian Power Company

On May 13, 2020, Loop Capital Markets acted as a co-manager on a one-tranche, $500 million, senior unsecured bond offering for Appalachian Power Company. The 30-year note is rated Baa1/A-.

Use of proceeds are earmarked for general corporate purposes, the repayment of advances from affiliates and for other general corporate purposes relating to the utility business.