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Fortis redeems all C$500 million 2.85% senior notes at 101.3977
By Wendy Van Sickle
Columbus, Ohio, June 9 – Fortis Inc. said it redeemed all C$500 million of its 2.85% senior notes due Dec. 12, 2023 at C$1,013.977 per C$1,000 principal amount on Thursday, according to a company news release.
The redemption price was set in accordance with the indenture terms.
Fortis is a regulated electric and gas utility based in St. John's, Newfoundland and Labrador.
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