HRNNF - Hydro One prices C$1.2B medium term notes
Hydro One Inc., a wholly-owned subsidiary of Hydro One Limited (HRNNF) has priced C$1.2B of Medium Term Notes consisting of C$600M of 0.71% Medium Term Notes, Series 48, due 2023, C$400M of 1.69% Medium Term Notes, Series 49, due 2031 and C$200M through a re-opening of its 2.71% Medium Term Notes, Series 47, due 2050. Net proceeds will be ~C$1.196B and Hydro One expects to use it for repayment and/or prepayment of maturing long term and short term debt and for general corporate purposes.The offering is expected to close on October 9, 2020.Press release
For further details see:
Hydro One prices C$1.2B medium term notes