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Atlantic Power looks to ‘reshape’ convertibles due 2017, 2019
By Marisa Wong
Madison, Wis., July 27 – Atlantic Power Corp. said it is exploring opportunities to “reshape” its $305 million of outstanding convertible debentures due 2017 and 2019, according to a press release.
The company redeemed its 9% senior notes due November 2018 on Monday, leaving $305 million of corporate debt outstanding, consisting of the convertibles due 2017 and 2019.
Atlantic Power owns and operates power generation assets and is based in Dedham, Mass.
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