Hydro One Inc. Prices Offering of $750 Million Medium Term Notes under Sustainable Financing Framework
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Hydro One Inc., a subsidiary of Hydro One Limited, has announced a $750 million offering of Medium Term Notes under its Sustainable Financing Framework. This includes $375 million of Series 55 Notes due 2053 and $375 million of Series 60 Notes due 2035.
December 10, 2024 | 1:30 am
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POSITIVE IMPACT
Hydro One Inc. has priced a $750 million offering of Medium Term Notes, enhancing its financial position and commitment to sustainable financing.
The issuance of $750 million in Medium Term Notes under a Sustainable Financing Framework indicates a strong financial strategy and commitment to sustainability, which is likely to positively impact investor sentiment and the stock price of Hydro One Inc. in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80