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AEP Transmission registers $2B of unsecured notes

AEP Transmission Co. LLC on May 31 filed a registration statement for the potential sale of up to $2 billion of unsecured notes from time to time.

The American Electric Power Co. Inc. subsidiary intends to use sale proceeds to fund its construction program and for other general corporate purposes that may include redeeming or repurchasing outstanding debt and replenishing working capital.