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Transalta Corp Announces Public Offering Of Senior Notes


Wednesday, 20 Nov 2013 12:18pm EST 

TransAlta Corporation announced that it has agreed to issue $400 million of senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 5.00%, payable semi-annually, at an issue price equal to 99.516% of the principal amount of the notes. TransAlta intends to use the net proceeds from the offering for the repayment of indebtedness, the financing of the Corporation's long-term investment plan and growth projects and for general corporate purposes. 

Company Quote

10.64
-0.01 -0.09%
24 Dec 2014