Algonquin Power & Utilities Corp 6.875% Fixed to Floating Subordinated Notes 2018A due 2078
By: Tim McPartland,
Date Issued 10/10/2018
Shares Issued 10,000,000 Overallotment Shares 1,500,000
S&P Rating BB+ Moodys Rating NR
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Security Ticker Symbol AQNA
Market Traded ON NYSE
Interest Payment Paid the 17th of January, April, July and October beginning on 1/17/2019
Quarterly Interest . 43 Annual Interest 1.72
Securities may be redeemed, at the issuers option, as early as 10/17/2023 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 10/17/2078
