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Apex Trader Funding (ATF) - News

Alectra Completes Private Placement Offering of $200 Million Aggregate Principal Amount of 4.627% Series 2024-1 Senior Unsecured Debentures Due 2034

NOT FOR DISTRIBUTION IN THE UNITED STATES MISSISSAUGA, Ontario, June 13, 2024 (GLOBE NEWSWIRE) -- Alectra Inc. ("Alectra" or the "Corporation") announced today that it has closed its private placement offering of C$200 million aggregate principal amount of 4.627% Series 2024-1 senior unsecured debentures (the "Series 2024-1 Debentures") due June 13, 2034. The net proceeds of the offering will be used to repay indebtedness and for general corporate purposes. The Series 2024-1 Debentures were offered in each of the provinces of Canada on a private placement basis through a syndicate of agents that was co-led by RBC Dominion Securities Inc. and CIBC World Markets Inc. No securities regulatory authority has either approved or disapproved of the contents of this news release. The Series 2024-1 Debentures have not been registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws. Accordingly, the Series 2024-1 Debentures may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or ...