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CU.PR.F Canadian Utilities Limited

18.91
0.15 (0.80%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Canadian Utilities Limited TSX:CU.PR.F Toronto Preference Share
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.15 0.80% 18.91 18.90 20.70 19.01 18.75 18.76 1,800 22:00:00

CU Inc. Announces Debenture Issue

13/09/2013 10:04pm

Marketwired


Canadian Utilities (TSX:CU.PR.F)
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CU Inc. announced today that it will issue $75,000,000 of 4.855% Debentures maturing on September 18, 2063, at a price of $100.00 to yield 4.855%. This issue was sold by RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., TD Securities Inc. and Scotia Capital Inc. Proceeds from the issue will be used to finance capital expenditures, to repay existing indebtedness, and for other general corporate purposes of ATCO Electric Ltd. and ATCO Gas and Pipelines Ltd.

CU Inc. is a wholly owned subsidiary of Canadian Utilities Limited, part of the ATCO Group of Companies. An Alberta-based corporation with assets of approximately $11 billion and more than 4,700 employees, CU Inc. is comprised of rate regulated utility operations in pipelines, natural gas and electricity transmission and distribution. More information about CU Inc. can be found on the Canadian Utilities Limited website at www.canadianutilities.com.

Contacts: B.R. (Brian) Bale Senior Vice President & Chief Financial Officer CU Inc. (403) 292-7502

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