TSX:CUIntegrated Utilities
The Bull Case For Canadian Utilities (TSX:CU) Could Change Following CAD 175 Million Preferred Share Offering—Learn Why
Canadian Utilities Limited has completed a CAD 175 million fixed-income offering, issuing 7,000,000 non-convertible, cumulative, callable 5.60% preferred shares at CAD 25 each with a CAD 0.75 discount per share.
This preferred share issuance is set to impact Canadian Utilities’ capital structure and future financial commitments, highlighting the company’s approach to funding growth and operational flexibility.
We’ll explore how the sizable preferred share offering may alter Canadian...