Bond Arizona Power Service Bonds 6.35% ( US040555DE14 ) in USD

Issuer Arizona Power Service Bonds
Market price refresh price now   106.137 %  ▲ 
Country  United States
ISIN code  US040555DE14 ( in USD )
Interest rate 6.35% per year ( payment 2 times a year)
Maturity 15/12/2032



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Minimal amount /
Total amount 400 000 000 USD
Cusip 040555DE1
Standard & Poor's ( S&P ) rating BBB+ ( Lower medium grade - Investment-grade )
Moody's rating Baa1 ( Lower medium grade - Investment-grade )
Next Coupon 15/12/2025 ( In 135 days )
Detailed description Arizona Public Service (APS) bonds are debt securities issued by Arizona Public Service Company, a major electric utility serving much of Arizona, representing a loan to the company with interest payments and principal repayment at specified times.

An examination of the fixed-income landscape highlights a specific bond (ISIN: US040555DE14, CUSIP: 040555DE1) issued by Arizona Public Service, a significant electric utility company based in the United States and serving a large customer base within Arizona, which currently trades at 106.137% in USD, offers an annual interest rate of 6.35% with semi-annual payments, represents a total issue size of $400,000,000, and is set to mature on December 15, 2032, further supported by its investment-grade credit ratings of BBB+ from Standard & Poor's and Baa1 from Moody's.