Algonquin Power & Utilities 6.20% Fixed-to-Floating Rate Subordinated Notes Series 2019-A due 7/1/2079
By: Tim McPartland,
Date Issued 5/16/2019
Shares Issued 14,000,000 Overallotment Shares 0
S&P Rating BB+ Moodys Rating NR
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Security Ticker Symbol AQNB
Market Traded ON NYSE
Interest Payment Paid the 1st of January, April, July and October beginning on 7/1/2019
Quarterly Interest . 388 Annual Interest 1.55
Securities may be redeemed, at the issuers option, as early as 7/1/2024 for a redemption price of $25/share plus accrued interest
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Payments are NOT a Qualified Distribution–payments are interest not dividends
Maturity Date 7/1/2079
