Arizona Public Service Company (APS) disclosed the estimated expenses for 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 disclosed 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 incurred by APS.
Offering Details
APS is offering $950,000,000 in total principal amount of notes with varying maturity dates.
Expense Breakdown
The disclosed expenses include SEC fees, legal fees, and printing costs among others.
Registration Statement
The offering is pursuant to APS's Registration Statement on Form S-3 (No. 333-277448-01) and a related prospectus supplement.
- The transparency in disclosing these expenses showcases APS's commitment to providing investors with comprehensive information.
- Investors can analyze the expense breakdown to assess the cost implications of the note offering on APS's financials.
APS's detailed breakdown of offering expenses reflects transparency and enhances investor trust. Understanding these costs is essential for investors evaluating the note offering.