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Bullboard - Stock Discussion Forum Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s):  AQN | T.AQN.PR.A | T.AQN.PR.D | AGQPF

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one... see more

TSX:AQN - Post Discussion

Algonquin Power & Utilities Corp > KP Deal Terminated
View:
Post by pjn0987654321 on Apr 17, 2023 8:46am

KP Deal Terminated

RBC says

"Algonquin will now not have to draw down $1.4 billion on its credit facility (floating debt) to fund the equity purchase price of the transaction and assume an additional $1.2 billion of Kentucky Power debt (one-third is floating debt)."
Comment by rad10 on Apr 17, 2023 8:48am
Looks as though RBC has dug a little deeper than their nemesis TD......
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