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Hydro One prices $1B senior notes to refinance debt and fund operations

Company Fundamentals
20 May 2026
PRNewsWire
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Hydro One Inc., a subsidiary of Ontario's largest electricity company, has priced $1 billion in senior notes due 2031 with a 4.75% interest rate. The funds will be used to repay maturing long-term and short-term debt and support general corporate purposes. The offering is expected to close around May 26, 2026, and is being publicly offered in the U.S. through a syndicate of underwriters. This move helps Hydro One manage its debt profile while continuing to invest in its electricity transmission and distribution network.

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