
Trans-Allegheny Interstate Line Co, founded in 1990 and headquartered in West Virginia, operates primarily in the energy sector with a focus on the development, operation, and maintenance of high-voltage electric transmission lines. The company is dedicated to ensuring reliable electricity delivery to its customers while advancing renewable energy integration into the grid.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
FE 3.85% 2025-06-01 USDTrans-Allegheny Interstate Line Co | United States | 2025-06-01 | 3.850 | 9.34 |
FE 3.85% 2025-06-01 USDTrans-Allegheny Interstate Line Co | United States | 2025-06-01 | 3.850 | 9.34 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Trans-Allegheny has a history of robust bond issuances, beginning in 1998 with a notable $100 million offering aimed at funding infrastructure upgrades. In recent years, the company has issued bonds with yields competitive within the utility sector, with its latest 10-year bonds offering a yield of 3.5%. A significant issuance in 2022 supported the expansion of renewable energy projects, reflecting a commitment to sustainability. Current market conditions have favorably positioned their bonds, attracting interest due to their relatively low default risk and solid backing from dependable energy revenue streams.