Capital Power (TSE:CPX) has released an update.
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Capital Power Corporation, a key player in the energy sector, has announced the pricing of a C$600 million unsecured medium term note offering with a 4.831% coupon rate, set to mature in 2031. The funds raised are earmarked for the repayment, redemption, or refinancing of existing debt, as well as for general corporate purposes. The offering, expected to close around mid-September 2024, has been rated by major credit rating agencies and is being coordinated by a syndicate of investment dealers.
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