美国电力美股招股说明书(2025-12-04版)

So long as no event of default has occurred and is continuing, we may defer interest payments on either or both series of theDebentures on one or more occasions for up to 10 consecutive years as described in this prospectus supplement. Deferred interestpayments with respect to a given series will accrue additional interest at a rate equal to the interest rate on such series, compounded oneach interest payment date, to the extent permitted by law. We may redeem the Debentures at our option at the times and the prices Investing in the New Debentures involves risks. See “Risk Factors” on page S-14 of this prospectus supplement. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved ofthesesecurities or determined if this prospectus supplement or the related prospectus is truthful or complete. Anyrepresentation to the contrary is a criminal offense. This prospectus supplement and the accompanying base prospectus are not intended to constitute an offer to, and theNew Debentures should not be purchased, held or otherwise acquired by, a “specified foreign entity” as defined in Section7701(a)(51)(B) of the Internal Revenue Code of 1986, as amended. We expect that the New Debentures will be ready for delivery through The Depository Trust Company for the accounts of itsparticipants, including Clearstream Banking S.A. and Euroclear Bank S.A./N.V., on or about December 5, 2025.______________________ TABLE OF CONTENTS Prospectus Supplement Page About this Prospectus SupplementS-4Summary InformationS-5Risk FactorsS-14 Prospectus Risk FactorsThe CompanyProspectus SupplementsWhere You Can Find More InformationUse of ProceedsDescription of the Senior NotesDescription of Common StockDescription of Preferred StockDescription of the Junior Subordinated DebenturesDescription of the Stock Purchase Contracts and the Stock Purchase UnitsBook-Entry System ABOUT THIS PROSPECTUS SUPPLEMENT This document is in two parts. The first part is this prospectus supplement, which describes the specifictermsof this offering of the Debentures and also adds to and updates information contained in theaccompanying prospectus and the documents incorporated by reference in this prospectus supplement and theaccompanying prospectus. The second part is the accompanying prospectus, which gives more general You should rely only on the information contained or incorporated by reference in this prospectussupplement and in the accompanying prospectus and in any written communication from the Company or theunderwriters specifying the final terms of the offering. We have not, and the underwriters have not, authorizedany other person to provide you with different information. If anyone provides you with different or inconsistent SUMMARY INFORMATION The following information supplements, and should be read together with, the information contained inthe accompanying prospectus. You should carefully read this prospectus supplement and the accompanyingprospectus as well as the documents they incorporate by reference, before making an investment decision.Unless we state otherwise or the context otherwise requires, references appearing in this prospectus supplement American Electric Power Company, Inc. We are one of the largest investor-owned electric public utility holding companies in the United States.Our electric utility operating companies provide generation, transmission and distribution services to more thanfive million retail customers in Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Our portfolio of assets include: •Approximately252,000 circuit miles of distribution lines that deliver electricity to 5.6 millioncustomers;•Approximately 40,000 circuit miles of transmission lines, including approximately 2,100 circuitmiles of Our principal executive offices are located at 1 Riverside Plaza, Columbus, Ohio, and our telephone number is(614) 716-1000. The New Series C Debentures will bear interest (i) fromand including the date of the original issuance to, butexcluding, March 15, 2031 at an annual rate of 5.800%and (ii) from and including March 15, 2031 during eachSeries C Interest Reset Period at an annual rate equal tothe Five-Year Treasury Rate as of the most recent ResetInterest Determination Date, plus 2.128%; provided, thatthe interest rate during any Series C Interest Reset Periodwill not reset below 5.800% (which equals the initialinterest rate on the Series C Debentures). The New SeriesD Debentures will bear interest (i) from and including thedate of the original issuance to, but excluding, March 15, Interest TheDebentureswillbeourunsecuredjuniorsubordinated obligations and will rank junior in right ofpayment to all of our Senior Indebtedness (as defined inthis prospectus supplement under “Specific Terms of theFixed-To-FixedResetRateJuniorSubordinated In addition, the Debentures are effectively subordinatedtoall existing and future indebtedness