EPCOR Utilities completes C$200M re-opening of senior unsecured notes

On December 5, 2024, EPCOR Utilities Inc. completed a C$200 million private placement offering pursuant to a re-opening of senior unsecured notes maturing May 31, 2054 with a coupon rate of 4.99%. The net proceeds will be used for general corporate purposes.

RBC Dominion Securities Inc. and Scotia Capital Inc. acted as co-leads and joint bookrunners for the syndicate of agents which included TD Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., National Bank Financial Inc., MUFG Securities (Canada), Ltd. and Merrill Lynch Canada Inc.

McCarthy Tétrault advised the syndicate of agents with a team led by Toby Allan that included Rebecca Wieschkowski and Jonathan Brisebois (Business).