-+ 0.00%
-+ 0.00%
-+ 0.00%
Fortis outlines USD benchmark junior subordinated notes offering in investor presentation
Share
Listen to the news
Fortis outlines USD benchmark junior subordinated notes offering in investor presentation
  • Fortis released a Q3 2026 debt offering investor presentation for a USD benchmark issuance of Junior Subordinated Notes.
  • Two tranches marketed: 30.5 NC 5.25-years, 30.5 NC 10.25-years; fixed-to-fixed rate coupon subject to a floor.
  • Proceeds earmarked to repay maturing indebtedness, support general corporate purposes.
  • Notes include cumulative optional coupon deferral up to 10 consecutive years per deferral.
  • Expected ratings: S&P BBB (Stable), Fitch BBB- (Stable); 50% equity treatment.


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. Fortis Inc. published the original content used to generate this news brief on September 09, 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.
What's Trending