CA - Capital Power offers C$850M medium term notes
2023-11-30 06:12:09 ET
- Capital Power ( TSX: CPX:CA ) has priced a public offering in Canada of unsecured medium term notes in the aggregate principal amount of C$850 million.
- The Offering consists of C$400 million of 5.378% medium term notes maturing on January 25, 2027 and C$450 million of 5.973% medium term notes maturing on January 25, 2034.
- Closing date is December 15, 2023.
- The net proceeds from the offering will be used to partially finance previously announced acquisitions and for general corporate purposes.
- The notes to be issued and sold under the offering have been rated BBB- by S&P Global Ratings and BBB (low) by DBRS Limited.
- Source: Press Release
For further details see:
Capital Power offers C$850M medium term notes