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American Water Works Company, Inc. 8-K Report, Corporate Update (May 20, 2026)

Reports
Other Events·Exhibits & Filings
Filing Date
Filed May 20, 2026
Period End
May 18, 2026
Security
AWK
In the record · 2016–202610-K1110-Q328-K211

AWK filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 211 current reports (8-K) between 2016 and 2026.

  1. Leadership change8-K · Mar ’16Mar ’16
  2. Material agreement8-K · Apr ’18Apr ’18
  3. Leadership change8-K · Feb ’21Feb ’21
  4. Material agreement8-K · Aug ’25Aug ’25

01—Abstract

Summary

Summary of the 8-K filed May 20, 2026. Cited figures are marked; the original filing is the authoritative source.

American Water Works Company, Inc. (AWK), through its wholly owned finance subsidiary American Water Capital Corp. (AWCC), successfully closed an offering of $500 milliona in 4.625% Senior Notes due 2029 on May 20, 2026.

The offering generated net proceeds of approximately $498.0 millionb after underwriting discounts and before expenses. These proceeds are earmarked for strategic financial management, including repaying maturing 3.625% exchangeable senior notes, reducing outstanding commercial paper obligations, and funding general corporate purposes.

The issuance was registered under the Securities Act, indicating compliance with regulatory requirements and transparency for investors. This move strengthens AWK's financial flexibility and supports its ongoing operations and growth initiatives.

02—Key points

Key Highlights

  1. AWCC successfully issued $500 million in 4.625% Senior Notes due 2029.
  2. The offering closed on May 20, 2026, with net proceeds of approximately $498.0 million.
  3. Proceeds will be used to repay maturing exchangeable senior notes and commercial paper obligations.
  4. A portion of the proceeds is allocated for general corporate purposes.
  5. The Notes are backed by a support agreement from the parent company, American Water Works Company, Inc. (AWK).
  6. The offering was conducted under a registered shelf on Form S-3, ensuring regulatory compliance.
  7. Key financial institutions acted as underwriters, including BofA Securities, RBC Capital Markets, and Wells Fargo Securities.

03—Questions

Frequently Asked Questions

  1. What is the purpose of this new debt issuance?

    The primary purposes of this debt issuance are to refinance existing debt, specifically by repaying AWCC's maturing 3.625% exchangeable senior notes and reducing outstanding commercial paper obligations. Additionally, proceeds will be used for general corporate purposes, providing financial flexibility.

  2. How much capital did American Water raise through this offering?

    American Water Capital Corp. raised $500 million in aggregate principal amount of Senior Notes. After deducting underwriting discounts and before other offering expenses, the company received net proceeds of approximately $498.0 million.

  3. What is the interest rate and maturity date of the new notes?

    The newly issued Senior Notes carry a coupon rate of 4.625% and mature in 2029.

  4. Who are the underwriters for this offering?

    The underwriters for this offering are BofA Securities, Inc., RBC Capital Markets, LLC, and Wells Fargo Securities, LLC, acting as representatives for the several underwriters named in the agreement.

04—Continue

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