Hydro One Limited’s subsidiary, Hydro One Inc., has priced an offering of C$1.6 billion of Medium Term Notes. The offering consists of C$1.2 billion of 3.90% Medium Term Notes due 2033 and C$400 million of 4.80% Medium Term Notes due 2056. The net proceeds from the issuance will be approximately $1.59 billion. The offering is expected to close on November 21, 2025, and is part of Hydro One’s Sustainable Financing Framework. The proceeds will be used to finance and/or refinance eligible green projects, with initial use potentially for debt repayment or investments in cash equivalents.
Read more at Nasdaq: Hydro One Subsidiary Prices Offering Of C$1.6 Bln Of Medium Term Notes
