EPCOR Utilities Inc. completes C$300 million debt offering

EPCOR Utilities Inc. (EPCOR) has completed a public offering in Canada of unsecured medium term note debentures in the aggregate principal amount of C$300 million.  The notes have a coupon of 4.55% and mature on February 28, 2042. The net proceeds of the offering will be used to repay EPCOR’s commercial paper indebtedness and for general corporate purposes.

These debt securities are rated A (low) by DBRS Limited and BBB+ by Standard and Poor’s Ratings Services.

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