Investor Presentaiton
Strong Balance Sheet and Credit Ratings
AWK Long-Term Senior Unsecured Ratings
S&P Global
A
(Stable Outlook)
Moody's
Baa1
(Stable Outlook)
Ratings and Stable Outlook
affirmed at S&P / Moody's
(Feb. '23/Dec. '22)
Low risk business profile
Strong regulatory jurisdictions
✓ Supportive financial plans
Consolidated Debt Maturity Profile
as of December 31, 2022 (Rounded)
($ in millions)
$700
$600
$475
$450
$275
2023
2024
2025
2026
2027
Total Debt to Total Capital
March 31,
2023
54%
Liquidity Profile
($ in millions, rounded)
AMERICAN WATER
Long-Term
Target
<60%
Available Liquidity
as of 12/31/22
$1,585
$85
Credit Facility Amended on 10/26/22
✓ Increased Credit Facility capacity by
$500 million to $2.75 billion from
$2.25 billion
Cash
$1,500*
Credit
✓ Extended maturity to October 2027
✓ Increased capacity to support growing
business and capital investment plan
*Includes $1,425 available commercial paper, $75 available letters of credit
14
Case No. 2022-00432
Bluegrass Water's Response to PSC 3-25
Exhibit PSC 3-25(b) - Part 1 of 2
Page 14 of 39View entire presentation