TriSummit Utilities launches up to $1 billion medium-term notes program

Company

TriSummit Utilities Inc.

Law Firm / Organization
Stikeman Elliott LLP

Company

Beacon Securities Limited

Law Firm / Organization
Blake, Cassels & Graydon LLP

Bank

BMO Nesbitt Burns Inc.

Law Firm / Organization
Blake, Cassels & Graydon LLP

Bank

CIBC World Markets Inc.

Law Firm / Organization
Blake, Cassels & Graydon LLP

Bank

National Bank Financial Inc.

Law Firm / Organization
Blake, Cassels & Graydon LLP

Bank

RBC Dominion Securities Inc.

Law Firm / Organization
Blake, Cassels & Graydon LLP

Bank

Scotia Capital Inc.

Law Firm / Organization
Blake, Cassels & Graydon LLP

Bank

TD Securities Inc.

Law Firm / Organization
Blake, Cassels & Graydon LLP

Bank

Wells Fargo Securities Canada, Ltd.

Law Firm / Organization
Blake, Cassels & Graydon LLP

On January 6, 2023, TriSummit Utilities Inc. announced CAD 1 billion medium-term notes (MTNs) program under a 25-month base shelf prospectus. The MTNs, unsecured and ranking pari passu with other unsecured debt, were offered through Beacon Securities, BMO Nesbitt Burns, CIBC World Markets, National Bank Financial, RBC Dominion Securities, Scotia Capital, TD Securities, and Wells Fargo Securities Canada.

Legal counsel included Stikeman Elliott LLP for TriSummit and Blake, Cassels & Graydon LLP for the dealers. Proceeds will be used for debt repayment, acquisitions, capital expenditures, and general corporate purposes.

Public/Private Offering
Banking/Finance
$ 1,000,000,000
Active