American Water Works Company, Inc. (NYSE: AWK), the largest publicly
traded U.S. water and wastewater utility company, today announced that
its financing subsidiary, American Water Capital Corp., successfully
closed the sale of $300 million of its 4.300% Senior Notes due December
The company intends to use the proceeds from this offering to refinance
certain redemptions of long-term debt and to fund the repayment of
The underwriters for the offering include BofA Merrill Lynch; Goldman,
Sachs & Co.; RBS Securities Inc.; PNC Capital Markets LLC.; U.S. Bancorp
Investments, Inc.; TD Securities (USA) LLC.; and BNY Mellon Capital
Markets, LLC. Copies of the prospectus supplement relating to the
offering may be obtained by contacting Investor
Relations at 877-310-7174.
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 publicly traded U.S.
water and wastewater utility company. With headquarters in Voorhees,
N.J., the company employs approximately 7,000 dedicated professionals
who provide drinking water, wastewater and other related services to an
estimated 15 million people in more than 30 states and parts of Canada.
More information can be found at www.amwater.com.
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American Water Works Company, Inc.
President, Investor Relations
Vice President, Communications