Pinnacle West Capital Corp., founded in 1985 and headquartered in Phoenix, Arizona, is a utility holding company dedicated to providing reliable energy service to customers in the southwestern United States. The company operates primarily through its regulated subsidiary, Arizona Public Service Company (APS), which delivers electricity to over a million customers and is engaged in generating and distributing electric power.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PNW 1.30% 2025-06-15 USDPinnacle West Capital Corp. | United States | 2025-06-15 | 1.300 | 4.00 |
| PNW 4.90% 2028-05-15 USDPinnacle West Capital Corp. | United States | 2028-05-15 | 4.900 | 4.19 |
| PNW 5.15% 2030-05-15 USDPinnacle West Capital Corp. | United States | 2030-05-15 | 5.150 | 4.33 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Pinnacle West has a significant history in bond issuance, beginning in the late 1980s, aimed at financing infrastructure developments and expanding its energy capabilities. Notable issuances include a $500 million green bond in 2020 to support renewable energy projects, which underscores the company's commitment to environmental sustainability. Currently, Pinnacle West's bonds yield competitively within the utility sector, featuring callable options that provide flexibility for the company while appealing to fixed-income investors seeking stability and yield.