Brookfield Renewable Announces Medium-Term Note Redemption Price Information
October 11 2019 - 7:00AM
Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP)
(“Brookfield Renewable”) today announced the following redemption
price of the Medium-Term Notes described below (the “Notes”) (per
C$1,000 of principal amount) which are to be redeemed by its
subsidiary Brookfield Renewable Partners ULC on October 15, 2019:
CDN$450,000,000,
5.14%, Series 7 Notes, due October 13, 2020(CUSIP No.
05573YAD3)Redemption Price: C$1,028.53Accrued and unpaid interest:
C$0.28Total Redemption Price and accrued and unpaid
interest: C$1,028.81
All of the Notes are to be redeemed. The
redemption is more fully described in the Company’s news release of
September 13, 2019. Additional terms and conditions are contained
in the notice of redemption that was provided to the registered
holder of the Notes (CDS Clearing and Depository Services Inc.)
(“CDS”) and the trustee, BNY Trust Company of Canada.
Non-registered holders (banks, brokerage firms
or other financial institutions) who maintain their interests in
the Notes through CDS should contact their CDS customer service
representative with any questions about the redemption.
Alternatively, beneficial holders with any questions about the
redemption should contact their representative brokerage firm or
financial institution, which holds interests in the Notes on their
behalf.
Brookfield Renewable
Partners
Brookfield Renewable Partners operates one of
the world’s largest publicly traded, pure-play renewable power
platforms. Our portfolio consists of hydroelectric, wind, solar and
storage facilities in North America, South America, Europe and
Asia, and totals over 17,000 megawatts of installed capacity and an
8,000 megawatt development pipeline. Brookfield Renewable is listed
on the New York and Toronto stock exchanges. Further information is
available at https://bep.brookfield.com. Further information is
available via the website and investors are encouraged to consult
the website.
Brookfield Renewable is the flagship listed
renewable power company of Brookfield Asset Management, a leading
global alternative asset manager with over $500 billion of assets
under management.
Contact information:
Media:
Claire
Holland
Vice President –
Communications(416) 369-8236
claire.holland@brookfield.com |
Investors:Divya BiyaniDirector – Investor
Relations(416)
369-2616divya.biyani@brookfield.com |
Cautionary Statement Regarding
Forward-looking Statements
Note: This news release contains forward-looking
statements and information within the meaning of Canadian
securities laws. Forward-looking statements may include estimates,
plans, expectations, opinions, forecasts, projections, guidance or
other statements that are not statements of fact. Forward-looking
statements can be identified by the use of words such as “will”,
“expect” and “intend”, or variations of such words and phrases.
Forward-looking statements in this news release include statements
regarding the expected consummation of the redemption on the
redemption date. Although Brookfield Renewable believes that such
forward-looking statements and information are based upon
reasonable assumptions and expectations, no assurance is given that
such expectations will prove to have been correct. The reader
should not place undue reliance on forward-looking statements and
information as such statements and information involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of Brookfield Renewable
to differ materially from anticipated future results, performance
or achievement expressed or implied by such forward-looking
statements and information. Except as required by law, Brookfield
Renewable does not undertake any obligation to publicly update or
revise any forward-looking statements or information, whether
written or oral, whether as a result of new information, future
events or otherwise.
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