American Electric Power Company (AEP) Registration Filing summary

Company overview and business model

• Operates as a public utility holding company, owning all outstanding stock of several domestic electric utility subsidiaries and transmission companies, serving multiple states in the U.S.

• Incorporated in New York in 1906, reorganized in 1925, with principal offices in Columbus, Ohio.

• Generates nearly all operating revenues from furnishing electric service through its subsidiaries.

Financial performance and metrics

• As of December 31, 2024, had approximately $1.6 billion in short-term debt outstanding.

• Senior Indebtedness totaled approximately $5.9 billion as of December 31, 2024.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including redeeming or repurchasing debt, replenishing working capital, and financing ongoing construction and maintenance programs.

• Proceeds not immediately used will be temporarily invested in short-term, interest-bearing obligations.