Arizona Public Service Company (APS) disclosed the estimated expenses related to the offering of its Notes due 2034 and 2055.
The expenses include SEC registration fees, printing costs, legal and accounting fees, among others.
These expenses are crucial in the issuance and distribution process of the $250 million and $700 million principal amounts of notes.
Offering Amount
APS plans to offer $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.
Estimation
The estimated expenses include SEC registration fees, printing, legal, accounting, rating agency, and other fees.
Significance
Understanding these expenses is essential for investors evaluating the cost impact on APS's note offerings.
- The disclosure provides transparency on the financial implications of issuing notes in the specified amounts.
- Investors can assess the costs associated with the offering, aiding in informed investment decisions.
The detailed breakdown of expenses sheds light on the comprehensive nature of the issuance and distribution process for APS's notes. Investors can now better comprehend the financial aspects attached to this important transaction.