Hydro One Prices $1.2B Notes for Green Projects
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Hydro One Prices $1.2B Notes for Green Projects

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Hydro One (TSE:H) has released an update.

Hydro One Inc. has announced the pricing of a $1.2 billion offering of Medium Term Notes, aiming to support green projects under its 2024 Sustainable Financing Framework. The offering includes two series of Notes with varying principal amounts and interest rates, set to close on August 20, 2024. The proceeds are intended for financing eligible green initiatives, with an interim use for debt repayment or investment in cash equivalents.

For further insights into TSE:H stock, check out TipRanks’ Stock Analysis page.

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