|Date Announced:||October 29, 2018|
|Date Closed:||November 01, 2018|
|Client Name:||ATCO Ltd.|
On November 1, 2018, ATCO Ltd. completed an offering of $200 million aggregate principal amount of 5.5% fixed-to-floating rate subordinated notes, series 2018-1, due November 1, 2078 (hybrid notes).
The notes were offered through a syndicate of underwriters led by TD Securities Inc. and RBC Dominion Securities Inc., and which included BMO Nesbitt Burns Inc., Scotia Capital Inc., CIBC World Markets Inc., and MUFG Securities (Canada), Ltd.