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Fortis prices USD 1 billion fixed-to-fixed rate junior subordinated notes offering
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Fortis prices USD 1 billion fixed-to-fixed rate junior subordinated notes offering
  • Fortis priced a US$1 billion public offering of fixed-to-fixed rate junior subordinated notes due March 30, 2057.
  • Issuance split between US$500 million 6.625% notes, US$500 million 6.875% notes.
  • Closing expected Sept. 21, 2026, subject to customary conditions.
  • Net proceeds earmarked for repayment of maturing debt, general corporate purposes.


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 via GlobeNewswire (Ref. ID: 202609091809PRIMZONEFULLFEED9824161) 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.
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