Form 8-K · Current report
American Water Works 8-K, filed Sep 16, 2026
- Filed
- CIK
- 0001410636
- Accession no.
- 0001193125-26-392966
Summary
American Water Capital Corp., a wholly owned finance subsidiary of American Water Works, sold $500.0 million of 5.550% senior notes due 2033 in a registered offering that closed on September 16, 2026, raising about $496.6 million in net proceeds. The proceeds are intended to repay $250.0 million of maturing 3.000% senior notes due December 1, 2026, lend funds to the Regulated Businesses segment, repay commercial paper, and fund general corporate purposes.
Key points
- AWCC agreed on September 14, 2026 to sell $500.0 million aggregate principal amount of 5.550% Senior Notes due 2033, guaranteed via a support agreement from American Water.
- The offering closed September 16, 2026, with AWCC receiving net proceeds of approximately $496.6 million after underwriting discounts and before offering expenses.
- AWCC intends to use the proceeds to repay at maturity $250.0 million of its 3.000% senior notes due December 1, 2026, lend funds to American Water's Regulated Businesses segment, repay a portion of its commercial paper obligations, and for general corporate purposes.
- PNC Capital Markets LLC, Mizuho Securities USA LLC, RBC Capital Markets, LLC and U.S. Bancorp Investments, Inc. acted as representatives of the underwriters.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 8.01. Other Events. On September 14, 2026, American Water Capital Corp. (“AWCC”), a wholly owned finance subsidiary of American Water Works Company, Inc. (“American Water”), agreed to sell $500.0 million aggregate principal amount of its 5.550% Senior Notes due 2033 (the “Notes”) pursuant to an underwriting agreement, dated September 14, 2026, by and among AWCC and American Water, and PNC Capital Markets LLC, Mizuho Securities USA LLC, RBC Capital Markets, LLC and U.S. Bancorp Investments, Inc., as representatives of the several underwriters named therein. …
An excerpt of the text as filed with the SEC, cut for length.
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