Content area
Full Text
Liberty Utilities Finance GP1 today completed an upsized $600 million offering of 2.05% 10-year senior notes due Sept. 15, 2030, at the Tokyo interbank offered rate plus 140 basis points, or 2.079%. The notes are fully guaranteed by Liberty Utilities.
The issue, which was upsized from $400 million, was printed in line with at-the-number guidance and through initial whispers in the Tibor plus 170 bps area.
The issuer is a special purposes financing vehicle, which is a subsidiary of Liberty Utilities,...