Kentucky Public Service Commission

Final Order Entered: 1. Kentucky Power is authorized to issue indebtedness and engage in financings in an amount not to exceed $300 million for the purposes of refinancing of the $65 million 3.13 percent Senior Notes, Series F, due 2024; the refinancing of the $150 million term loan due in 2024; and up to $85 million in new unsecured promissory notes for its general corporate purposes. 2. Kentucky Power shall agree only to such terms and conditions that are proposed in its application. 3. Kentucky Power is authorized to enter into Treasury Hedge Agreements and Interest Rate Management Agreements as described in the application. 4. Kentucky Power is authorized to determine the subsequent date of whether there will be more than one series, and the maturity of each series of Notes. 5. The proceeds from the transaction authorized in this Order shall be used solely for the lawful purposes set out in the application. 6. Kentucky Power shall file, within 30 days from the date of issuance, with the Commission a statement setting forth the date or dates of issuance of the securities authorized herein, the date of maturity, the price paid, and proceeds of such issuances, the interest rate, costs or gains from the use of hedging agreements, and all fees and expenses, including underwriting discounts, commissions, or other compensations involved in the issuance and distribution.

20240223_PSC No Deficiency Letter.pdf

Kentucky Power Company’s Application

Marilyn Michelle Caldwell Kentucky Power Company

Kentucky Power Company’s Amended Notice of Election to Use Electronic Filing Procedures

Marilyn Michelle Caldwell Kentucky Power Company

20240126_PSC Acknowledgment Letter.pdf

Kentucky Power Company Notice of Intent to File an Application for Authority pursuant to KRS 278.300 to Issue and Sell Promissory Notes of One or More Series and For Other Authorizations Using Electronic Filing Procedures