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Article: TransAlta announces public offering of senior notes.
- Article from:
- Marketwire Canada
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CALGARY, ALBERTA, Nov 9, 2009 (Marketwire via COMTEX) -- TransAlta Corporation (TSX:TA) (NYSE:TAC) ("TransAlta") today announced its intention to offer and sell its senior notes due 2015 in a United States registered public offering. TransAlta intends to use the net proceeds from the offering to repay a portion of the indebtedness relating to its acquisition of Canadian Hydro Developers, Inc. The precise timing, size and terms of the offering are subject to market conditions and other factors.
RBC Capital Markets Corporation, HSBC Securities (USA) Inc. and RBS Securities Inc. are joint book-running managers for the offering, which is being made by way of a ...