Arizona Public Service Company (APS) disclosed the estimated expenses for the offering of $250 million 5.70% Notes due 2034 and $700 million 5.90% Notes due 2055.
The expenses include SEC registration fees, printing, legal and accounting fees, rating agency fees, and more.
These expenses are necessary for the issuance and distribution of the notes, providing insight into the costs involved in such financial transactions.
Offering Details
APS is offering $250 million 5.70% Notes due 2034 and $700 million 5.90% Notes due 2055.
Expense Breakdown
The disclosed expenses include SEC registration fees, legal fees, accounting fees, and more.
Transparency in Costs
The detailed breakdown offers transparency into the expenses involved in issuing and distributing the notes.
- The detailed breakdown of expenses showcases the meticulous planning and cost estimation by APS for the offering.
- Understanding the expenses involved can provide investors with insights into the financial implications of the notes issuance.
APS's transparent disclosure of the estimated expenses for the notes offering demonstrates a commitment to providing investors with a clear understanding of the costs involved in the issuance and distribution process.