Algonquin Power & Utilities Corp. Announces Pricing of $500 Million of Senior Unsecured Notes due 2029 and $350 Million of Senior Unsecured Notes due 2034

Core Points - Algonquin Power & Utilities Corp. (APUC) announced the pricing of $500 million of 5.577% senior notes due January 31, 2029, and $350 million of 5.869% senior notes due January 31, 2034 [1][2] - The net proceeds from the sale of the notes will be used to repay indebtedness and for other general corporate purposes [1] - The offering is expected to close on January 12, 2024, subject to customary closing conditions [2] Financial Details - The 2029 Notes were priced at 99.996% of their face value, while the 2034 Notes were priced at 99.995% of their face value [2] - The notes are unsecured and rank equally with existing and future unsecured indebtedness of Liberty Utilities [2] Company Overview - APUC is a diversified international utility with approximately $18 billion in total assets, providing energy and water solutions to over one million customer connections [5] - The company operates over 4 GW of installed renewable energy capacity [5]