Alabama Power Co (ALP-Q) 2022-4

USD550.0005Sep-27Sr. UnsecuredA1A-A+FixedTsyT+100 aT+80803.75%1299.91600
USD450.00010Sep-32Sr. UnsecuredA1A-A+FixedTsyT+130-135T+1151153.94%1299.99800
Tranche Comments
5 yr: Book size: 900; First Pay: 2023-03-01; Redemption: 2027-08-01; Registration: Registered; Comments: US$550m 3.75% cpn 5yr(9/1/27) at 99.916 , yld 3.768% . Spread: T+80bp. MWC T+15bp. Par Call: 1m. LEI: 0RL818ELFOHP5JHOFU19; 10 yr: Book size: 700; First Pay: 2023-03-01; Redemption: 2032-03-01; Registration: Registered; Comments: US$450m 3.94% cpn 10yr(9/1/32) at 99.998 , yld 3.94%. Spread: T+115bp. MWC T+20bp. Par Call: 3m. LEI: 0RL818ELFOHP5JHOFU19;
Deal Comments
Sustainability Note (10yr)
Use of Proceeds
5yr: General corporate purposes; 10yr: To finance Eligible Projects

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