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Prospect News home > News index > List of issuers N > Headlines for Nova Scotia Power Inc. > News item
Published on 7/15/2010 in the Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

Nova Scotia Power files $500 million shelf covering debt securities

By Devika Patel

Knoxville, Tenn., July 15 - Nova Scotia Power Inc. filed a $500 million debt securities shelf registration in an F-9 filing with the Securities and Exchange Commission.

The debt may be convertible.

Proceeds will be applied primarily to refinance debt, including bank debt, to finance capital expenditures and for other general corporate purposes.

The electric company is based in Halifax, N.S.


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