Skip to main content

CU Inc. Announces Debenture Issue

Newswire.ca - Thu Sep 11, 2025

CALGARY, AB, Sept. 11, 2025 /CNW/ - CU Inc. (TSX: CIU.PR.A) (TSX: CIU.PR.C)

CU Inc. announced today that it will issue $370,000,000 of 4.787% Debentures maturing on September 16, 2055, at a price of $100.00 to yield 4.787%. This issue was sold by BMO Capital Markets, RBC Capital Markets, Scotiabank, TD Securities, CIBC Capital Markets, ATB Capital Markets and MUFG. Proceeds from the issue will be used to finance capital expenditures, to repay existing indebtedness and for other general corporate purposes.

Read more at newswire.ca

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.