Parties
Company
Brookfield Renewable Partners ULC
Bank
CIBC World Markets Inc.
Bank
RBC Dominion Securities Inc.
Bank
TD Securities Inc.
Bank
BMO Nesbitt Burns Inc.
Bank
Scotia Capital Inc.
Bank
National Bank Financial Inc.
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 March 10, 2025, Brookfield Renewable Partners ULC (“Finco”) issued C$450 million of 4.542% Medium-Term Notes, Series 19, due October 12, 2035. The notes were offered at a price of C$999.95 per C$1,000 principal amount, generating net proceeds of approximately C$448.18 million after deducting agents' commissions and estimated expenses. The issue and delivery date was March 12, 2025. The notes bear interest at a fixed annual rate of 4.542%, payable semi-annually on April 12 and October 12, commencing October 12, 2025.
The offering was led by a syndicate of agents including CIBC World Markets Inc., RBC Dominion Securities Inc., TD Securities Inc., BMO Nesbitt Burns Inc., Scotia Capital Inc., National Bank Financial Inc., Desjardins Securities Inc., BNP Paribas (Canada) Securities Inc., Mizuho Securities Canada Inc., MUFG Securities (Canada), Ltd., SMBC Nikko Securities Canada, Ltd., and iA Private Wealth Inc.
Legal matters related to the issuance were handled by Torys LLP for Finco and Goodmans LLP for the agents.
Deal Type
Public/Private OfferingIndustry
EnergyTransaction
$ 450,000,000Deal Status
ClosedClosing Date
12 March 2025