8-K - American Water Works Company, Inc. | StockGist

AI Analysis

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American Water Capital Corp. closed a $700 million offering of 5.200% Senior Notes due 2036, with net proceeds of approximately $694.9 million intended for intercompany loans, debt repayment, and general corporate purposes.

Key Takeaways

1AWCC issued $700 million in 5.200% Senior Notes due 2036 under an existing shelf registration statement.

2The Notes are supported by a Support Agreement from parent American Water Works Company, Inc.

3Net proceeds of approximately $694.9 million were received after deducting underwriting discounts.

4Proceeds will fund loans to the Regulated Businesses segment, repay commercial paper, and for general corporate purposes.

5The Notes are redeemable at the option of the Company prior to maturity, subject to a 'make-whole' premium.

Current Report Details

Event Type

Other Event

Exhibits Only

Disclosure

Voluntary

Variant

8-K

Items Reported

8.01

. | Other Events. | |---|---| On March 30, 2026, American Water Capital Corp. (“AWCC”), a wholly owned finance subsidiary of American Water Works Company, Inc.

Other Event

$700.0M$694.9M

9.01

. | Financial Statements and Exhibits | |---|---| | | (d) | Exhibits | |---|---|---| The following exhibits to this Current Report have been provided herewith a

Exhibits Only

Transaction Details

Debt / Financing

Instrument: Senior Notes
Principal: 700000000
Rate: 5.200%
Maturity: 2036-04-01
Use of Proceeds: To lend funds to American Water and its subsidiaries in its Regulated Businesses segment; to repay commercial paper obligations of AWCC; and for general corporate purposes.

Exhibits (4)

1.1

EX-1.1

4.1

EX-4.1

5.1

EX-5.1

8-K