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Horizon Holdings closes $150 million debenture offering

July 2012
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On July 25, 2012, Horizon Holdings Inc., a municipally-owned holding company providing support services for three operating subsidiaries in Ontario including a regulated electricity distribution company, closed an offering of $150,000,000 aggregate principal amount of 3.033% debentures, due July 25, 2022. CIBC World Markets Inc., BMO Nesbitt Burns Inc. and Scotia Capital Inc. acted as agents in this transaction.

Gowlings advised the agents with a team that included Paul Harricks, Bryce Kraeker, Aubrey Lasky and Michael Misener.

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