Impact: Neutral Capital Power has issued a C$160 mm 10-year unsecured note that carries an interest rate of 3.85%. The purchaser is Prudential Capital Group, who also holds a US$75 mm note issued by a wholly owned subsidiary of Capital Power. This new note ranks pari-passu with Capital Power's other senior unsecured borrowings.
13 Sep 2016
ISSUES 10-YEAR NOTE AT 3.85%
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ISSUES 10-YEAR NOTE AT 3.85%
Capital Power Corporation (CPX:TSE) | 0 0 1.8% | Mkt Cap: 2,408m
- Published:
13 Sep 2016 -
Author:
Ian B. Gillies -
Pages:
2
Impact: Neutral Capital Power has issued a C$160 mm 10-year unsecured note that carries an interest rate of 3.85%. The purchaser is Prudential Capital Group, who also holds a US$75 mm note issued by a wholly owned subsidiary of Capital Power. This new note ranks pari-passu with Capital Power's other senior unsecured borrowings.