Core Viewpoint - Capital Power Corporation has announced the conversion privilege and dividend rate for its Cumulative Rate Reset Preference Shares, Series 1, allowing shareholders to convert to Cumulative Floating Rate Preference Shares, Series 2, during a specified election period [1][2]. Summary by Sections Conversion Details - The election period for converting Series 1 Shares to Series 2 Shares is from December 1, 2025, to December 16, 2025, at 5:00 p.m. Toronto time [2]. - If no election notice is received by the deadline, holders will not convert their shares, except in cases of automatic conversion [3]. Dividend Rates - The fixed annual dividend rate for Series 1 Shares is set at 4.95800% for the period from December 31, 2025, to December 31, 2030 [4]. - The floating quarterly dividend rate for Series 2 Shares is set at 1.08197% for the first quarterly period from December 31, 2025, to March 31, 2026, and will be reset quarterly thereafter [4]. Shareholder Information - Series 1 Shares are issued in "book entry only" form, with CDS Clearing and Depository Services Inc. as the sole registered holder [5]. - Beneficial holders must contact their brokers to exercise conversion rights before the deadline [5]. Automatic Conversion - An automatic conversion will occur if fewer than 1,000,000 Series 1 Shares remain outstanding after the election period, converting them to Series 2 Shares on a one-for-one basis [6]. - Currently, there are 5,000,000 Series 1 Shares outstanding [6]. Listing Information - The Toronto Stock Exchange has conditionally approved the listing of Series 2 Shares, which will be listed under the trading symbol CPX.PR.B upon conversion [7]. Company Overview - Capital Power is a growth-oriented power producer with approximately 12 GW of power generation capacity across 32 facilities in North America, focusing on reliable and affordable power delivery and lower-carbon power systems [11].

Core Viewpoint - Pembina Pipeline Corporation has successfully closed its offering of $225 million in 5.95% Fixed-to-Fixed Rate Subordinated Notes, Series 2, due June 6, 2055 [1] Group 1 - The total principal amount of the Series 2 Notes is $225 million [1] - The interest rate for the Series 2 Notes is set at 5.95% [1] - The offering was conducted through a syndicate of underwriters, co-led by CIBC Capital Markets, BMO Capital Markets, and Scotiabank [1]

Core Points - Pembina Pipeline Corporation announced the issuance of $225 million aggregate principal amount of 5.95% Fixed-to-Fixed Rate Subordinated Notes, Series 2, due June 6, 2055 [1] - This issuance is a further offering of Series 2 Notes that were previously issued on June 6, 2025, in the amount of $200 million [1] Financial Details - The Series 2 Notes carry a fixed interest rate of 5.95% [1] - The total amount raised from the current offering is $225 million [1] - The maturity date for the new notes is set for June 6, 2055 [1]