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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 nine Canadian and international lenders
 Amount:  $1.5 billion, with the potential to increase to $1.85 billion
 Term:  5 years
 Maturity:  December 6, 2022
 Agreement: Amended & Restated Credit Agreement dated January 1, 2011, as amended November 2, 2011, December 14, 2012, December 6, 2013, December 9, 2014, December 9, 2015, December 6, 2016, March 31, 2017 and December 8, 2017.

 

Long-Term Debt  
 Description:  Unsecured Senior Notes
 Lenders:  Private placement
 Amount:
       
  • $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.