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Hydro One ( TSX: H:CA ) has priced an offering of $425M aggregate principal amount of floating rate medium term notes, series 56, due 2026.
The notes bear interest at Daily Compounded CORRA plus 0.50%, payable quarterly in arrears.
Closing date is September 21, 2023.
This is second issuance of medium term notes pursuant to its sustainable financing framework dated January 23, 2023 and first issuance of green bonds under the framework.