Business
Canadian Utilities Limited Announces Hybrid Note Issue
Canadian Utilities Limited (TSX: CU)
About this update from Mitsubishi Ufj Financial Group, Inc.
[{"type":"text","content":"CALGARY, AB, Sept. 8, 2025 /CNW/ - Canadian Utilities Limited (TSX: CU)","length":71,"tagName":"p"},{"type":"image","alt":"Canadian Utilities Limited Announces Hybrid Note Issue (CNW Group/Canadian Utilities Limited)","displaySize":"","headline":null,"caption":"Canadian Utilities Limited Announces Hybrid Note Issue (CNW Group/Canadian Utilities Limited)","className":"","disableSlideshowImg":false,"size":{"original":{"width":155,"height":200,"url":"https://media.zenfs.com/en/cnwgroup.com/b52840e0ee060aaa7cd616db2cd6889b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/lh765yOMiSBywc7HUTqvQw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTI3MTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/b52840e0ee060aaa7cd616db2cd6889b","width":155,"height":200}},"href":"https://mma.prnewswire.com/media/2768038/Canadian_Utilities_Limited_Canadian_Utilities_Limited_Announces.pdf?p=original","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Canadian Utilities Limited announced today that it will issue $750 million of 5.45% fixed-to-fixed rate subordinated notes due December 22, 2055. The offering is expected to close on or about September 22, 2025. Proceeds from the issue will be used for capital expenditures, to repay or refinance existing obligations and for other general corporate purposes. This hybrid note issue was underwritten by RBC Capital Markets, BMO Capital Markets, TD Securities, Scotiabank, CIBC Capital Markets, ATB Capital Markets and MUFG.","length":529,"tagName":"p"},{"type":"text","content":"Canadian Utilities Limited and its subsidiary and affiliate companies have approximately 9,100 employees and assets of $24 billion. Canadian Utilities, an ATCO company, is a diversified global energy infrastructure corporation delivering essential services and innovative business solutions. ATCO Energy Systems delivers energy for an evolving world through its electricity and natural gas transmission and distribution, and international electricity operations segments. ATCO EnPower creates sustainable energy solutions in the areas of electricity generation, energy storage, industrial water and cleaner fuels. ATCO Australia develops, builds, owns and operates energy and infrastructure assets. More information can be found at www.canadianutilities.com.","length":758,"tagName":"p"},{"type":"text","content":"Investor & Analyst I...