On November 27, 2023, EPCOR Utilities Inc. announced the re-opening of its 5.326% Medium-Term Notes, maturing October 3, 2053, for CAD 250 million, bringing the total issuance to CAD 550 million. The offering closed on December 1, 2023, at a price of 106.716 with a yield of 4.892%, raising net proceeds of CAD 265.54 million.

The syndicate of agents included National Bank Financial Inc., TD Securities Inc., RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., Scotia Capital Inc., MUFG Securities (Canada), Ltd., and Merrill Lynch Canada Inc. Norton Rose Fulbright Canada LLP advised EPCOR, while McCarthy Tétrault LLP represented the agents.

Proceeds will support EPCOR's infrastructure investments, with the notes rated A (low) by DBRS, A- by S&P, and A by Fitch.