On April 11, 2019, Alectra Inc. announced that it had closed its private placement offering of $200 million aggregate principal amount of 3.458% Series 2019-1 senior unsecured debentures due April 12, 2049. The debentures were offered in each of the provinces of Canada on a private placement basis through a syndicate of agents that was co-led by TD Securities Inc. and CIBC World Markets Inc.
Alectra's family of energy companies distributes electricity to more than one million homes and businesses in Ontario's Greater Golden Horseshoe area and provides innovative energy solutions to these and thousands more province-wide. These companies include Alectra Inc., Alectra Utilities Corporation and Alectra Energy Solutions Inc.
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
