American Electric Power (AEP) on Friday filed a registration statement with the US Securities and Exchange Commission for the potential sale of up to $7.50 billion in securities from time to time in one or more offerings.
The filing covers senior notes, common stock, preferred stock, junior subordinated debentures, stock purchase contracts, and stock purchase units.
The company plans to use the net proceeds for general corporate purposes including redemption or repurchase of outstanding debt, working capital and financing of ongoing construction and maintenance programs by American Electric Power's units.
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