Fortis Inc. Announces Closing of Offering of Fixed-To-Fixed Rate Subordinated Notes
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What is the market's reaction to this financing event, and how might it affect Fortis Inc.'s stock price and dividend policy in the near term?
How will the proceeds from the note offering be allocated, and what impact might that have on Fortis Inc.'s balance sheet and credit ratings?
What are the terms and interest rate of the fixed-to-fixed rate subordinated notes, and how do they compare to current market rates?
8 days ago