Caribbean Utilities closes record US$160 million senior unsecured notes private placement
PUBT · 1d ago
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- Caribbean Utilities closed a record private placement of Senior Unsecured Notes totaling USD 160 million.
- Issuance split across USD 70 million 6.09% notes due Aug. 19, 2041; USD 60 million 6.24% notes due May 12, 2042.
- Deal also includes USD 30 million 6.34% Senior Unsecured Green Notes due Aug. 19, 2051.
- Initial USD 100 million drawdown scheduled for today; remaining USD 60 million delayed draw available May 12, 2027.
- Proceeds earmarked to repay short-term debt, fund grid modernization, resilience investment, low-carbon transportation initiatives.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Caribbean Utilities Company Ltd. published the original content used to generate this news brief via CNW (Ref. ID: 202608191942CANADANWCANADAPR_C2748) on August 19, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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