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ATCO to Raise $250 million in Senior Unsecured Notes
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ATCO to Raise $250 million in Senior Unsecured Notes
May 26, 2025 1:13 PM

07:29 AM EDT, 05/23/2025 (MT Newswires) -- ATCO (ACO-X.TO, ACO-Y.TO) overnight Thursday said it will issue $250 million of 3.878% senior unsecured notes maturing on May 27, 2030.

The proceeds from the issue will be used to repay existing debt and for general corporate purposes, the company said, adding that BMO Capital Markets, RBC Capital Markets, TD Securities and Scotiabank are among the financial institutions leading the sale.

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