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Home / Investors / Capital Structure / Debt and Credit Facilities

Debt and Credit Facilities

Bank Credit Facility   
 Description: Committed unsecured revolving term facility 
 Lenders:  Syndicate of eight Canadian and international lenders
 Amount:  $1.5 billion, with the potential to increase to $1.85 billion
 Term:  5 years
 Maturity:  December 6, 2020
 Agreement: Amended & Restated Credit Agreement dated January 1, 2011, as amended November 2, 2011, December 14, 2012, December 6, 2013, December 9, 2014 and December 9, 2015.

 

Long-Term Debt  
 Description:  Unsecured Senior Notes
 Lenders:  Private placement
 Amount:
  • $60 million bearing interest at 5.89% and maturing in December 2017;
  • $70 million bearing interest at 5.01% and maturing in January 2019;
    (drawn on an uncommitted private shelf agreement with Prudential Captial Group);
  • US$3 million bearing interest at 3.42% and maturing in June 2019;
  • $52 million bearing interest at 4.35% and maturing in June 2019;
  • $2 million bearing interest at 5.68% and maturing in September 2020;
  • US$103 million bearing interest at 5.14% and maturing in September 2020;
  • $60 million bearing interest at 6.14% and maturing in December 2022;
  • $30 million bearing interest at 3.5% and maturing in June 2023 (drawn on an uncommitted private shelf agreement with Prudential Capital Group);
  • US$128 million bearing interest at 4.19% and maturing in June 2024;
  • $17 million bearing interest at 4.91% and maturing in June 2024;
  • $100 million bearing interest at 4.92% and maturing in October 2025 (drawn on an uncommitted private shelf agreement with Prudential Capital Corp);
  • $20 million bearing interest at 5.05% and maturing in November 2025;
  • US$140 million bearing interest at 4.75% and maturing in November 2025;
  • $30 million bearing interest at 4.15% and maturing in June 2026 (drawn on an uncommitted private shelf agreement with Prudential Capital Corp);
  • $200 million bearing interest at 3.96% and maturing in October 2026;
  • $400 million bearing interest at 3.68% and maturing in September 2027;
  • $100 million bearing interest at 4.11% and maturing in October 2028;
  • $100 million bearing interest at 5.09% and maturing in October 2028 (drawn on an uncommitted private shelf agreement with Prudential Capital Corp);
  • US$65 million bearing interest at 4.95% and maturing in November 2028;
  • $75 million bearing interest at 5.34% and maturing in April 2029.