Arizona Public Service Company (APS) disclosed the estimated expenses related to the offering of its 5.70% Notes due 2034 and 5.90% Notes due 2055.
The expenses include SEC registration fees, printing and postage expenses, legal fees, accounting fees, rating agency fees, and more.
These expenses are in addition to underwriting discounts and commissions.
Offering Details
APS is offering $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.
Expense Breakdown
The disclosed expenses include SEC registration fee, legal fees, accounting fees, rating agency fees, and more.
- The detailed breakdown of expenses provides transparency to investors regarding the costs associated with the offering.
- Understanding these expenses is crucial for investors to assess the financial implications of the offering.
The estimated expenses outlined by APS shed light on the financial aspects of the offering, emphasizing transparency and accountability in financial disclosures.