Welcome to Our Investor Relations Site


AMP, Inc. Combined Hydro Project

Issuer Type: Power/Gas

AMP Combined Hydroelectric Revenue Bonds

Marcy Steckman

Welcome to American Municipal Power, Inc.’s (AMP) investor relations website. Investment in bonds issued by AMP allows for beneficial investments in generation and transmission assets for our members.

AMP takes great pride in its relationship with the financial community. In order to succeed in its vision to be public power’s leader in wholesale energy supply and value-added member services, maintaining strong bond ratings is a priority. AMP is committed to being as transparent as possible with the investor community.

I hope you find the information provided here useful as you seek to better understand the credit fundamentals of AMP. Please do not hesitate to contact me with suggestions for how we can be doing better.

Marcy Steckman, Chief Financial Officer

News & Highlights

Fitch Affirms A- Rating on AMP Combined Hydro - May 2018

Fitch Ratings has affirmed its ratings on the approximately $2.1 billion American Municipal Power, Inc. (AMP) Combined Hydroelectric Project revenue bonds, series 2009B, 2009C, 2010A, 2010B, 2010C, and 2016A at 'A-'.

The Rating Outlook is Stable.

Moody's Assigns A2 Rating on AMP Combined Hydro - June 2018

Moody's Investors Service has assigned an A2 rating to the American Municipal Power Inc.'s (AMP) $97 million of Combined Hydroelectric Projects Revenue Bonds, Series 2018A expected to be sold in July 2018. The Series 2018 A bonds will rank on parity with approximately $1.9 billion of AMPCombined Hydroelectric Projects Revenue Bonds, rated A2. The rating outlook is stable.

Fitch Assigns A- Rating on AMP Combined Hydro - July 2018

Fitch Ratings has assigned an 'A-' rating to the following American Municipal Power, Inc. (AMP) revenue bonds:

--Approximately $97 million combined hydroelectric project revenue bonds, series 2018A.

The bonds are expected to sell via negotiation during the week of July 9, 2018. Proceeds will be used to repay draws on a line of credit used to provide interim financing for capital costs related to the project, fund a deposit to the debt service reserve and pay issuance costs.

The Rating Outlook is Stable.