Get notified when PNW files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsPinnacle West Capital prices $500 million of 4.650% senior notes due 2029
Filed June 2, 2026 · ~2 min read
Offering filing cluster
Same offering- 424B5 Jun 1, 2026 Pinnacle West Capital prices senior notes offering with terms to be determined at pricing EDGAR →
- 424B5 Jun 2, 2026 This filing EDGAR →
- 424B5 Jun 5, 2026 Pinnacle West Capital offers up to $900M of common stock via at-the-market program; ~$270M remains EDGAR →
- 8-K Jun 5, 2026 Pinnacle West raises $500M in senior notes at 4.650% due 2029 EDGAR →
Key Changes
-
high
Pinnacle West Capital Corporation is offering $500 million of 4.650% senior notes due June 1, 2029, with semi-annual interest payments beginning December 1, 2026.
The Offering verify on EDGAR → -
high
The notes are unsecured obligations of the holding company only, not guaranteed by operating subsidiaries. Noteholders are structurally subordinated to all creditors of subsidiaries, including trade payables and subsidiary debt.
Risk Factors verify on EDGAR → -
high
The indenture lacks protective covenants: no change-of-control put, no financial maintenance ratios, no limits on additional debt or subsidiary debt issuance, and no restrictions on dividends or stock repurchases.
Risk Factors verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
Want to see a complete report first? Today's free report (STZ 10-Q) is open in full — no account needed.
Partner
Trade PNW commission-free
Open an account, get a free stock.
Investing involves risk. Free stock terms apply.
Thanks — your feedback helps us improve report quality.
Source-verified from EDGAR · Narrative written by AI · Jul 8, 2026 · How we verify