Parties
Company
Brookfield Renewable
Bank
BMO Capital Markets
Bank
CIBC Capital Markets
Bank
Bank of Nova Scotia (Scotiabank)
Bank
RBC Capital Markets
Bank
TD Securities
Bank
National Bank Financial Markets
Bank
Desjardins Securities Inc.
Bank
BNP Paribas (Canada) Securities Inc.
Bank
Mizuho Securities Canada Inc.
Bank
MUFG Securities (Canada), Ltd.
Bank
SMBC Nikko Securities Canada, Ltd.
Company
iA Private Wealth Inc.
On December 5, 2024, Brookfield Renewable Partners ULC announced the issuance of C$200 million in 5.450% Fixed-to-Fixed Reset Rate Subordinated Hybrid Notes due March 12, 2055. The offering, closing December 12, 2024, was conducted through a syndicate led by BMO Capital Markets, CIBC Capital Markets, Scotiabank, RBC Capital Markets, TD Securities, and National Bank Financial, with participation from Desjardins Securities, BNP Paribas, Mizuho Securities, MUFG, SMBC Nikko, and iA Private Wealth. Legal counsel included Torys LLP for Brookfield and Goodmans LLP for the underwriters. Proceeds will fund green investments under Brookfield’s 2024 Green Financing Framework.
Deal Type
Public/Private OfferingIndustry
EnergyTransaction
$ 200,000,000Deal Status
ClosedClosing Date
09 December 2024