# EDGAR Filing Document

**Accession Number:** 0001721781
**File Stem:** 0001721781-26-000006
**Filing Date:** 2026-3
**Character Count:** 4176
**Document Hash:** c0159d1d5d3394d11ef627d73c98fcd0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001721781-26-000006.hdr.sgml**: 20260310

**ACCESSION NUMBER**: 0001721781-26-000006

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260310

**DATE AS OF CHANGE**: 20260310

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AEP Texas Inc.
- **CENTRAL INDEX KEY:** 0001721781
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 510007707
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-279418
- **FILM NUMBER:** 26740260

**BUSINESS ADDRESS:**
- **STREET 1:** 1 RIVERSIDE PLAZA
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215-2373
- **BUSINESS PHONE:** 614-716-1000

**MAIL ADDRESS:**
- **STREET 1:** 1 RIVERSIDE PLAZA
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215-2373
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AEP Texas Inc.
- **CENTRAL INDEX KEY:** 0001721781
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 510007707
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** 1 RIVERSIDE PLAZA
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215-2373
- **BUSINESS PHONE:** 614-716-1000

**MAIL ADDRESS:**
- **STREET 1:** 1 RIVERSIDE PLAZA
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215-2373

Filed pursuant to Rule 433

Registration No. 333-279418

March 10, 2026

**PRICING TERM SHEET**

---

| | |
|:---|:---|
| Issuer: | AEP Texas Inc. |
| Expected Ratings\*: | Baa3 (stable) by Moody's Investors Service, Inc. <br>BBB+ (stable) by S&P Global Ratings, a division of S&P Global Inc.<br>BBB+ (stable) by Fitch Ratings, Inc. |
| Transaction Date: | March 10, 2026 |
| Settlement Date: | March 12, 2026 (T+2) |
| Designation: | Senior Notes, Series Q, due 2036 |
| Principal Amount: | $750000000 |
| Maturity: | April 15, 2036 |
| Coupon: | 5.20% |
| Interest Payment Dates: | April 15 and October 15 |
| First Interest Payment Date: | October 15, 2026 |
| Treasury Benchmark: | 4.125% due February 15, 2036 |
| Treasury Yield: | 4.127% |
| Reoffer Spread: | T+113 basis points |
| Reoffer Yield: | 5.257% |
| Price to Public: | 99.551% of the principal amount thereof |
| Redemption Terms: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Make-whole call: | Prior to January 15, 2036 at a discount rate of the Treasury Rate plus 20 basis points |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Par call: | On or after January 15, 2036 at par |
| CUSIP/ISIN: | 00108W AV2 / US00108WAV28 |
| Minimum Denomination: | $2,000 and integral multiples of $1,000 in excess thereof |
| Joint Book-Running Managers: | Credit Agricole Securities (USA) Inc. <br>MUFG Securities Americas Inc. <br>Truist Securities, Inc. <br>U.S. Bancorp Investments, Inc. <br>PNC Capital Markets LLC |
| Co-Managers: | FNB America Securities LLC<br>KeyBanc Capital Markets Inc. |

---

**\*Note:** A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

**The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by contacting Credit Agricole Securities (USA) Inc. toll-free at (866) 807-6030, MUFG Securities Americas Inc. toll-free at (877) 649-6848, Truist Securities, Inc. toll free at (800) 685-4786 or U.S. Bancorp Investments, Inc. toll-free at (877) 558-2607.**

<br>