American Water subsidiary closes $500 million senior notes offering
Filed with the SEC on · Summarized by InvestorsBot
American Water Capital Corp. issued $500 million of 5.550% senior notes due 2033 on September 16, 2026, receiving approximately $496.6 million after underwriting discounts and before offering expenses. The company plans to use the proceeds to repay $250 million of notes maturing December 1, 2026, fund regulated water and wastewater businesses, reduce commercial paper obligations, and support general corporate purposes.