From GlobeNewswire: 2024-07-29 09:00:00

Capital Power Corporation has initiated a Consent Solicitation from holders of its C$350M 7.95% Fixed-to-Fixed Rate Subordinated Notes, Series 1, due 2082. The purpose is to seek approval for proposed amendments, including an Exchange Right for holders to exchange their notes for Series 3 Notes. Holders can consent to the Proposed Amendments until August 14, 2024. Upon completion, Morningstar DBRS is expected to confirm a BB instrument rating with a Stable trend for the Series 3 Notes. The Solicitation Agents for the Consent Solicitation are RBC Capital Markets and Scotiabank. For detailed information, holders are urged to review the Consent Solicitation Statement.



Read more at GlobeNewswire: Capital Power announces commencement of a consent