Capital Power announces a C$600 million medium term note offering and its intention to redeem C$300 million of medium term notes

Core Viewpoint - Capital Power Corporation has announced a public offering of unsecured medium term notes totaling C$600 million with an interest rate of 4.231% and a maturity date of January 14, 2033 [1][2]. Offering of Medium Term Notes - The offering is expected to close around November 14, 2025 [2]. - The net proceeds will be used to repay or refinance existing debt, including the redemption of January 2026 Notes and project-level debt at Goreway Power Station [2]. Ratings - The notes have received provisional ratings of BBB- from S&P Global Ratings, BBB- from Fitch Ratings, and BBB (low) (stable) from DBRS Limited [3]. Redemption of January 2026 Medium Term Notes - Capital Power has issued a notice to redeem all outstanding 4.986% medium term notes due January 23, 2026, with a total principal amount of C$300 million [5]. - The redemption will occur on November 23, 2025, with the redemption price set at C$1,000 per C$1,000 principal amount, plus accrued interest [5].