Gowling WLG, Crease Harman assist Eureka Capital, Empire Hydrogen merger
Capital Power Corp prices $600 million medium-term notes offering
Capital Power Corporation announced a Senior Unsecured Medium-Term Notes offering priced at $600 million. These notes, part of Series 8, carry a 4.831 percent interest rate and are scheduled to mature on September 16, 2031. The notes are fully guaranteed on a senior unsecured basis by each material subsidiary of the company that is or becomes a borrower under, or provides a guarantee concerning, any Credit Facilities.
Dentons Canada LLP is serving as counsel to Capital Power, while Osler, Hoskin & Harcourt LLP is acting as legal advisor to the syndicate of dealers.
BMO Nesbitt Burns Inc. and National Bank Financial Inc. acted as Joint Lead & Joint Bookrunners, with a syndicate of dealers including TD Securities Inc., CIBC World Markets Inc., RBC Dominion Securities Inc., Scotia Capital Inc., Merrill Lynch Canada Inc., ATB Securities Inc., MUFG Securities (Canada), Ltd., Desjardins Securities Inc., iA Private Wealth Inc., Mizuho Securities Canada Inc., and Casgrain & Company Limited.
The deal is expected to be completed on September 16, 2024.
Dividend Growth Split Corp launches $150 million equity offering
Dividend Growth Split Corp., an Ontario-based mutual fund corporation, completed a $150 million equity offering, issuing up to $75 million in Preferred Shares and $75 million in Class A shares. The shares were offered on the Toronto Stock Exchange (TSX) under the symbols “DGS.PR.A” and “DGS.”