Gibson Dunn Advises American Electric Power Company on $3.5 Billion At-the-Market Equity Program
Firm News | December 1, 2025
Gibson Dunn represented American Electric Power Company, Inc. on a $3.5 billion at-the-market equity program, which allows for both traditional and forward sales of common stock.
Barclays Capital Inc., BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., Scotia Capital (USA) Inc., and Wells Fargo Securities, LLC will act as agents, and Barclays Bank PLC, Bank of America, N.A., Citibank, N.A., JPMorgan Chase Bank, National Association, Mizuho Markets Americas LLC, MUFG Securities EMEA plc, The Bank of Nova Scotia, and Wells Fargo Bank, National Association will act as forward purchasers.
The Gibson Dunn team was led by partners Hillary H. Holmes and Atma Kabad and included associates Malakeh Hijazi, Benjamin A. Blefeld, and Anna Strong. Partner Jennifer Sabin advised on tax matters, of counsel Adam Lapidus advised on derivative matters, and partner Krista P. Hanvey and associate Lucy Hong advised on ECEB matters.