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The sale of the notes is expected to close on January 13, 2023.
The notes will mature on February 1, 2028 and will bear interest at a rate of 5.30% per annum, payable semi-annually in arrears on February 1 and August 1 of each year, commencing on August 1, 2023.
The company intends to use the net proceeds of the offering for general corporate purposes.