Arizona Public Service Company (APS) is incurring expenses related to the offering of $250,000,000 principal amount of its 5.70% Notes due 2034 and $700,000,000 principal amount of its 5.90% Notes due 2055.
The expenses include SEC registration fees, printing and postage costs, legal and accounting fees, rating agency fees, and other related expenses.
These expenses are essential for the issuance and distribution of the notes under APS's Registration Statement on Form S-3.
Significant Offering
APS is offering $250,000,000 of 5.70% Notes due 2034 and $700,000,000 of 5.90% Notes due 2055.
Diverse Expenses
Expenses include SEC registration fees, legal and accounting fees, and other related costs.
Regulatory Compliance
APS is complying with SEC regulations for the proper issuance of the notes.
- The expenses incurred demonstrate APS's commitment to transparency and regulatory compliance in the issuance process.
- These costs are a necessary part of the financial operations and securities offerings of APS.
The detailed breakdown of expenses for the issuance and distribution of notes provides insight into the financial processes of APS, showcasing the meticulous planning and adherence to regulatory requirements.