Arizona Public Service Company (APS) is planning to offer $250,000,000 principal amount of 5.70% Notes due 2034 and $700,000,000 principal amount of 5.90% Notes due 2055.
The expenses related to this offering include SEC registration fees, printing and postage expenses, legal fees, accounting fees, rating agency fees, and more.
These expenses are crucial for the successful issuance and distribution of the notes.
Offering Details
APS is offering $250,000,000 principal amount of 5.70% Notes due 2034 and $700,000,000 principal amount of 5.90% Notes due 2055.
Expense Breakdown
The estimated expenses include SEC registration fee, printing and postage expenses, legal and accounting fees, rating agency fees, and more.
- The transparency in disclosing the estimated expenses enhances investor confidence in APS's financial management and planning for the note offering.
- Understanding the breakdown of expenses helps investors evaluate the cost structure of APS's fundraising activities.
The detailed breakdown of expenses for issuance and distribution provides insights into APS's financial prudence and regulatory compliance.