| Issuer: | American Electric Power Company, Inc. | |
| Designation: | Senior Notes, Series G, due 2020 | Senior Notes, Series H, due 2027 |
| Principal Amount: | $500,000,000 | $500,000,000 |
| Maturity: | November 13, 2020 | November 13, 2027 |
| Coupon: | 2.150% | 3.200% |
| Interest Payment Dates: | May 13 and November 13 | May 13 and November 13 |
| First Interest Payment Date: | May 13, 2018 | May 13, 2018 |
| Benchmark Treasury: | 1.625% due October 15, 2020 | 2.250% due August 15, 2027 |
| Benchmark Treasury Yield: | 1.746% | 2.320% |
| Reoffer Spread: | T+45 basis points | T+90 basis points |
| Yield to Maturity: | 2.196% | 3.220% |
| Price to Public: | 99.867% of the principal amount thereof | 99.830% of the principal amount thereof |
| Transaction Date: | November 8, 2027 | November 8, 2027 |
| Settlement Date: | November 13, 2017 (T+3) | November 13, 2017 (T+3) |
| Redemption Terms: | ||
| Make-whole call: | Not subject to redemption prior to maturity | Prior to August 13, 2027 at a discount rate of the Treasury Rate plus 15 basis points |
| Par call: | On or after August 13, 2027 at par | |
| Minimum Denomination: | $2,000 and integral multiples of $1,000 in excess thereof | |
| CUSIP/ISIN: | 025537 AH4/US025537AH42 | 025537 AJ0/US025537AJ08 |
| Joint Book-Running Managers: | J.P. Morgan Securities LLC Scotia Capital (USA) Inc. Wells Fargo Securities, LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated Morgan Stanley & Co. LLC SunTrust Robinson Humphrey, Inc. | |
| Co-Managers: | The Huntington Investment Company Fifth Third Securities, Inc. | |
| Ratings*: | Baa1 (Positive) by Moody’s Investors Service, Inc. BBB+ (Stable) by S&P Global Ratings, Inc., a division of S&P Global Inc. | |
