07:06 AM EDT, 08/21/2025 (MT Newswires) -- Hydro One ( HRNNF ) overnight Wednesday said it has priced a $1.1 billion offering of medium term notes, which will be issued in line with the company's Sustainable Financing Framework.

The offering consists of $450 million of 3.94% notes due 2032, $300 million of 4.30% notes due 2035, and $350 million of 4.95% notes due 2055. The notes will be issued at prices ranging from $99.907 to $99.988 per $100 principal amount, a statement said.

The offering is expected to close on August 25. Proceeds will initially be used to pay down debt and may also be allocated to eligible green projects.