0001104659-12-001670 Sample Contracts

ARIZONA PUBLIC SERVICE COMPANY $325,000,000 4.50% Notes due 2042 UNDERWRITING AGREEMENT
Underwriting Agreement • January 12th, 2012 • Pinnacle West Capital Corp • Electric services • New York

Optional redemption: Make-whole call at any time prior to October 1, 2041 at Treasury rate plus 25 basis points and, thereafter, at par

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