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Nova Scotia Power sells C$250 mln of debt-term sheet
March 1, 2012 / 4:56 PM / 6 years ago

Nova Scotia Power sells C$250 mln of debt-term sheet

March 1 (Reuters) - Nova Scotia Power on Thursday sold C$250 million ($255 million) of 30-year debt, according to a term sheet seen by Reuters.

The 4.15 percent bonds, due March 6, 2042, were priced at 99.915 to yield 4.155 percent or 152 basis points over the Canadian government benchmark, according to the term sheet.

The investment dealer arm of Royal Bank of Canada was the bookrunning manager of the sale. ($1=C$0.98) (Reporting by Pam Niimi; Editing by Chizu Nomiyama)

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