Fortis Inc. Announces Closing of Offering of Senior Unsecured Notes
May 14 2021 - 11:35AM
Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS) announced
today that it has closed its offering (the "Offering") of
$500,000,000 aggregate principal amount of 2.18% senior unsecured
notes due May 15, 2028 (the "Notes"). The Offering was made to the
public through a syndicate of agents co-led by TD Securities Inc.,
BMO Nesbitt Burns Inc. and Scotia Capital Inc., and including CIBC
World Markets Inc., RBC Dominion Securities Inc., Desjardins
Securities Inc., National Bank Financial Inc., Merrill Lynch
Canada, Inc., Morgan Stanley Canada Limited, MUFG Securities
(Canada) Ltd., Wells Fargo Securities Canada, Ltd. and
Casgrain & Company Limited.
The Notes have not been and will not be
registered under the U.S. Securities Act of 1933, as amended, and
may not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirements. This
press release shall not constitute an offer to sell or an
invitation to purchase or subscribe for any securities in the
United States or in any other jurisdiction where such offer is
unlawful.
About Fortis Fortis is a
well-diversified leader in the North American regulated electric
and gas utility industry, with 2020 revenue of $8.9 billion and
total assets of $56 billion as at March 30, 2021. The Corporation's
9,000 employees serve utility customers in five Canadian
provinces, nine U.S. states and three Caribbean countries.
Fortis’ shares are listed on the Toronto Stock
Exchange and trade under the symbol FTS. Additional information can
be accessed at www.fortisinc.com, www.sedar.com or www.sec.gov.
A .pdf version of this press release is
available
at: http://ml.globenewswire.com/Resource/Download/98a2da85-7a82-462e-b63c-430dc7b8ab9b
For more information please
contact
Investor Enquiries: Ms. Stephanie Amaimo Vice President, Investor
Relations Fortis Inc. 289.946.3572
investorrelations@fortisinc.com |
Media Enquiries: Ms. Karen McCarthy Vice President, Communications
& Corporate Affairs Fortis Inc. 709.737.5323
media@fortisinc.com |
Fortis (NYSE:FTS)
Historical Stock Chart
From Aug 2024 to Sep 2024
Fortis (NYSE:FTS)
Historical Stock Chart
From Sep 2023 to Sep 2024