COLUMBUS, Ohio, Nov. 3, 2021 /PRNewswire/ -- Southwestern
Electric Power Company, a public utility subsidiary of American
Electric Power (Nasdaq: AEP), announced that on Dec. 3, 2021, it will redeem the entire
outstanding $275 million principal
amount of its 3.55 percent Senior Notes, Series I, due 2022.
The notes will be redeemed at 100 percent of the principal amount
outstanding (at par value of $100 per
Senior Note), plus interest through the date of redemption.
Notice of the redemption was mailed on Nov. 3, 2021. This redemption is in accordance
with the terms of the indenture under which the notes were
issued.
The Bank of New York Mellon Trust Company, N.A. is the
redemption agent and trustee.
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SOURCE American Electric Power