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BRIEF-Algonquin Power & Utilities announces offering of $750 mln private placement notes
March 1, 2017 / 10:51 PM / in 8 months

BRIEF-Algonquin Power & Utilities announces offering of $750 mln private placement notes

March 1 (Reuters) - Algonquin Power & Utilities Corp :

* Algonquin Power & Utilities Corp announces offering of U.S. $750 million private placement notes

* Algonquin Power & Utilities-notes are of varying maturities ranging from 3 to 30 years with weighted average life to maturity of approximately 15 years

* Algonquin Power-proceeds of offering will be used to repay remaining balance of APUC’s bank facility drawn on closing of acquisition of Empire District Electric

* Algonquin Power & Utilities-Liberty Utilities Co has entered into agreement for issuance of $750 million of senior unsecured private placement notes Source text for Eikon: Further company coverage:

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