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Stock impact report

Fortis Inc. Announces Pricing, Early Tender Results and Early Settlement Election of Its Tender Offer for Its 3.055% Notes Due 2026

Fortis Inc. Common Shares (FTS) 
Last fortis inc. common shares earnings: 2/13 06:00 am Check Earnings Report
Company Research Source: GlobeNewswire
ST. JOHN'S, Newfoundland and Labrador, April 17, 2019 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) announced today the determination of the pricing and the early tender results for its previously announced tender offer to purchase for cash up to US$400 million of its outstanding 3.055% Notes due 2026 (the "Notes"). The tender offer is being made upon, and is subject to, the terms and conditions set forth in the Offer to Purchase, dated April 4, 2019 (the "Offer to Purchase"). Fortis previously announced the completion of the sale of its 51% interest in the Waneta Expansion Hydroelectric Project in British Columbia, which satisfies the Waneta Sale Condition (as defined in the Offer to Purchase). Fortis will pay holders of the Notes ("Holders") who validly tendered Notes on or prior to 5:00 p.m., New York City time, on April 17, 2019 (such date and time, the "Early Tender Date"), subject to proration as described in the Offer to Purchase, the Total C Show less Read more
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