Algonquin Power to redeem all 6 7/8% fixed-to-floaters due 2078

By Wendy Van Sickle

Columbus, Ohio, Oct. 6 – Algonquin Power & Utilities Corp. will redeem all $287.5 million principal amount of its outstanding 6 7/8% fixed-to-floating subordinated notes – series 2018-A due Oct. 17, 2078 (Cusip: 015857709) on Nov. 6, according to a press release.

The redemption price will be par plus accrued interest.

Equiniti Trust Co., LLC is the paying agent.

Algonquin Power is an Oakville, Ont.-based diversified utilities company.

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