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CALGARY, ALBERTA--(Marketwire - Sept. 5, 2012) - CU Inc. announced today that it will issue $500,000,000 of 3.805% Debentures maturing on September 10, 2042, at a price of $100.00 to yield 3.805% and $200,000,000 of 3.825% Debentures maturing on September 11, 2062, at a price of $100.00 to yield 3.825%. These issues were sold by RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., TD Securities Inc. and Scotia Capital Inc. Proceeds from the issue will be used to finance capital expenditures, to repay existing indebtedness, and for other general corporate purposes of ATCO Electric Ltd. and ATCO Gas and Pipelines Ltd. |
