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BMO Nesbitt Burns Inc. served as the lead agent and bookrunner on the offering and the other syndicate members included CIBC World Markets Inc., National Bank Financial Inc., RBC Dominion Securities Inc., Scotia Capital Inc. and TD Securities Inc.
The net proceeds from the sale of the Series 3 Debentures will be used to repay C$245.1 million of indebtedness outstanding to the City of
The Series 3 Debentures have not been and will not be registered in the
About Toronto Hydro The Corporation is a holding company which through its wholly-owned subsidiaries: - Toronto Hydro-Electric System Limited ("LDC") - distributes electricity and engages in conservation and demand management activities; and - Toronto Hydro Energy Services Inc. - provides street lighting services and develops energy efficiency products and services.
The principal business of the Corporation is the distribution of electricity by LDC. LDC owns and operates an electricity distribution system that delivers electricity to approximately 689,000 customers located in the City of
SOURCE Toronto Hydro Corporation
For further information: For further information: Blair Peberdy: (416) 542-2515, Vice-President, Marketing, Communications and Public Affairs and Chief Conservation Officer: bpeberdy@torontohydro.com; Pankaj Sardana: (416) 542-2707, Vice-President, Treasurer and Regulatory Affairs: psardana@torontohydro.com
Toronto Hydro Corporation
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