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Fortis Inc (FTS.TO)

FTS.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Fortis Inc Announces Tender Offer For Up To $400 Mln Of Its 3.055 Pct Notes
Thursday, 4 Apr 2019 

April 4 (Reuters) - Fortis Inc ::FORTIS INC ANNOUNCES TENDER OFFER FOR UP TO US$400 MILLION OF ITS 3.055% NOTES DUE 2026.FORTIS INC - TENDER OFFER WILL EXPIRE AT 11:59 P.M., NEW YORK CITY TIME, ON MAY 1, 2019.  Full Article

Fortis To Sell Its Interest In Waneta Expansion Hydroelectric Project In British Columbia
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Fortis Inc ::PRESS RELEASE - FORTIS TO SELL ITS INTEREST IN THE WANETA EXPANSION HYDROELECTRIC PROJECT IN BRITISH COLUMBIA.FORTIS INC- DEAL FOR APPROXIMATELY $1 BILLION.FORTIS - DEAL WITH COLUMBIA POWER CORPORATION AND COLUMBIA BASIN TRUST TO SELL 51% INTEREST IN WANETA EXPANSION HYDROELECTRIC PROJECT.FORTIS INC - CPC AND CBT ARE CURRENTLY PARTNERS WITH CORPORATION AND TOGETHER OWN 49% OF WANETA EXPANSION.FORTIS INC - TRANSACTION COMPLETES ASSET SALE FUNDING COMPONENT OF FIVE-YEAR CAPITAL INVESTMENT PLAN.FORTIS INC - FORTISBC WILL CONTINUE TO OPERATE WANETA EXPANSION FACILITY & PURCHASE ITS SURPLUS CAPACITY.FORTIS- EXPECTS TO FUND $17.3 BILLION 5-YEAR CAPITAL INVESTMENT PLAN AT NORTH AMERICAN UTILITY BUSINESS WITH CASH FROM OPERATIONS, DEBT RAISED AT UTILITIES.FORTIS - SALE OF INTEREST IN WANETA EXPANSION HELPS FINANCE SUBSTANTIAL GROWTH IN REGULATED UTILITY BUSINESS, INCLUDING GROWTH IN BRITISH COLUMBIA.  Full Article

Fortis Inc Files For Mixed Shelf Of Upto $2.5 Bln-SEC Filing
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Fortis Inc ::FORTIS INC FILES FOR MIXED SHELF OF UPTO $2.5 BILLION - SEC FILING.  Full Article

Fortis issues 18th tranche convertible bonds worth 5 bln won
Friday, 14 Sep 2018 

Sept 14 (Reuters) - Fortis Inc <141020.KQ> : :Says it completed issuance of 18th tranche unregistered and unsecured convertible bonds worth 5 billion won .  Full Article

Fortis issues 17th tranche convertible bonds worth 10 bln won
Monday, 20 Aug 2018 

Aug 20 (Reuters) - Fortis Inc <141020.KQ> : :Says it completed issuance of 17th tranche unregistered and unsecured convertible bonds worth 10 billion won .  Full Article

Fortis Reports Q2 Adj EPS C$0.57
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Fortis Inc ::FORTIS REPORTS SECOND QUARTER 2018 EARNINGS.ON A YEAR-TO-DATE BASIS, EARNINGS PER SHARE C$1.33.Q2 ADJUSTED EARNINGS PER SHARE C$0.57.CONSOLIDATED CAPITAL EXPENDITURES WERE $1.5 BILLION DURING FIRST HALF OF 2018 AND ARE EXPECTED TO REACH $3.2 BILLION IN 2018.  Full Article

Fortis to issue 17th series convertible bonds worth 10 bln won
Thursday, 19 Jul 2018 

July 19 (Reuters) - Fortis Inc <141020.KQ> ::* Says it will issue 17th series unregistered and unsecured private convertible bonds, to raise 10 billion won in proceeds for operations .* Maturity date is Aug. 20, 2021, coupon rate is 0 percent and yield to maturity is 4 percent for the bonds.* Conversion price is 2,130 won/share and conversion ratio is 100 percent .  Full Article

Fortis issues 16th series convertible bonds worth 10.95 bln won
Monday, 2 Jul 2018 

July 2 (Reuters) - Fortis Inc <141020.KQ> ::Says it completed issuance of 16th series unregistered and unsecured private convertible bonds worth 10.95 billion won .  Full Article

Fortis to buy 36.07 pct stake in PT. Lejel Shopping for 8.62 bln won
Monday, 2 Jul 2018 

July 2 (Reuters) - Fortis Inc <141020.KQ> ::Says it plans to buy 9,377 shares of PT. Lejel Shopping for 8.62 billion won for business diversity and profit improvement .It will hold 36.07 percent stake(9,377 shares) in target company after transaction .  Full Article

Fortis appoints CEO
Wednesday, 30 May 2018 

May 30 (Reuters) - Fortis Inc <141020.KQ> : :Says it changed CEO of the co to Cho Jae Hoon.  Full Article

Fortis sells stake in British Columbia hydro plant

Canadian energy company Fortis Inc said on Monday it would sell its 51 percent stake in the Waneta Expansion hydroelectric plant in British Columbia to two public sector partners for about C$1 billion, and plans to use the proceeds for its five-year investment plan.