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Indiana Michigan Power Company 5.625% 01-APR-2053

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Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.63% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.43%
Maturity date
Apr 1, 2053
Term to maturity
28 years

About Indiana Michigan Power Company 5.625% 01-APR-2053


Issuer
Indiana Michigan Power Co.
Sector
Utilities
Industry
Alternative Power Generation
Issue date
Mar 23, 2023
FIGI
BBG01G00S760
Indiana Michigan Power Co. engages in the business of generation, transmission, and distribution of electric power. The firm is also involved in supplying and marketing electric power at wholesale to other electric utilities, municipalities, and rural electric cooperatives. The company was founded on May 11, 1907 and is headquartered in Columbus, OH.
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