# EDGAR Filing Document

**Accession Number:** 0001702494
**File Stem:** 0001702494-23-000005
**Filing Date:** 2023-3
**Character Count:** 4113
**Document Hash:** 68c0f8828c8f8455920d6980e30cb78e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001702494-23-000005.hdr.sgml**: 20230309

**ACCESSION NUMBER**: 0001702494-23-000005

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230309

**DATE AS OF CHANGE**: 20230309

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AEP Transmission Company, LLC
- **CENTRAL INDEX KEY:** 0001702494
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **IRS NUMBER:** 461125168
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-255605
- **FILM NUMBER:** 23719451

**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 Transmission Company, LLC
- **CENTRAL INDEX KEY:** 0001702494
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **IRS NUMBER:** 461125168
- **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. 333-255605

March 9, 2023

**PRICING TERM SHEET**

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| | |
|:---|:---|
| Issuer: | AEP Transmission Company, LLC |
| Expected Ratings\*: | A2 (stable) by Moody's Investors Service, Inc.<br>A- (stable) by S&P Global Ratings, a division of S&P Global Inc.<br>A (stable) by Fitch Ratings, Inc. |
| Designation: | Senior Notes, Series P, due 2053 |
| Principal Amount: | $700000000 |
| Maturity Date: | March 15, 2053 |
| Coupon: | 5.40% |
| Interest Payment Dates: | March 15 and September 15 |
| First Interest Payment Date: | September 15, 2023 |
| Treasury Benchmark: | 4.00% due November 15, 2052 |
| Treasury Yield: | 3.866% |
| Reoffer Spread: | T+157 basis points |
| Yield to Maturity: | 5.436% |
| Price to Public: | 99.470% of the principal amount thereof |
| Transaction Date: | March 9, 2023 |
| Settlement Date: | March 13, 2023 (T+2) |
| Redemption Terms:<br>&nbsp;&nbsp;&nbsp;&nbsp;Make-whole call: | <br>Prior to September 15, 2052 at a discount rate of the Treasury Rate plus 25 basis points  |
| &nbsp;&nbsp;&nbsp;&nbsp;Par call: | On or after September 15, 2052 at par |
| Minimum Denomination: | $2,000 and integral multiples of $1,000 in excess thereof |
| CUSIP/ISIN: | 00115A AQ2 / US00115AAQ22 |
| Joint Book-Running Managers: | BNY Mellon Capital Markets, LLC<br>Credit Suisse Securities (USA) LLC<br>Morgan Stanley & Co. LLC<br>Scotia Capital (USA) Inc.<br>Truist Securities, Inc. |
| Co-Managers: | CIBC World Markets Corp.<br>Bancroft Capital, LLC<br>Loop Capital Markets LLC |

---

**\*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 BNY Mellon Capital Markets, LLC toll-free at (800) 269-6864, Credit Suisse Securities (USA) LLC toll-free at (800) 221-1037, Morgan Stanley & Co. LLC toll-free at (866) 718-1649, Scotia Capital (USA) Inc. toll-free at (800) 372-3930, or Truist Securities, Inc. toll-free at (800) 685-4786.**

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