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EPCOR Utilities registers C$2B of debentures

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EPCOR Utilities registers C$2B of debentures

EPCOR Utilities Inc. filed a prospectus for C$2 billion of medium-term note debentures that it may sell from time to time in Canada.

The securities will be issued under a trust indenture as unsecured obligations and may bear fixed or floating interest rates to be determined at the time of issuance. They will be offered in C$1,000 denominations.

Proceeds from the potential sale will be used to reduce outstanding debt, according to a Dec. 9 filing.