American Water Closes $50 Million of Senior Unsecured Notes
* Reuters is not responsible for the content in this press release.
VOORHEES, N.J.--(Business Wire)-- American Water Works Company, Inc. (NYSE:AWK), the largest investor-owned U.S. water and wastewater utility company, today announced that its financing subsidiary, American Water Capital Corp., successfully closed its private placement offering of $25.5 million in aggregate principal amount of 8.27 % Senior Unsecured Notes due 2039 and $24.5 million in aggregate principal amount of 7.21 % Senior Unsecured Notes due 2019. American Water will use the net proceeds of the offering to repay short-term debt. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Founded in 1886, American Water is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs more than 7,000 dedicated professionals who provide drinking water, wastewater and other related services to approximately 15 million people in 32 states and Ontario, Canada. More information can be found by visiting www.amwater.com. American Water Works Company, Inc. Maureen Duffy Director, External Communications 856-309-4546 maureen.duffy@amwater.com Copyright Business Wire 2009
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.



Follow Reuters