EPCOR Utilities Inc. completes C$250M debt offering of senior unsecured notes

On October 1, 2025, EPCOR Utilities Inc. completed a C$250 million private placement offering of senior unsecured notes maturing October 1, 2030 with a coupon rate of 3.373%. The net proceeds will be used for general corporate purposes.

The Notes were issued under EPCOR's trust indenture dated as of June 28, 1999 between EPCOR and the Trust Company of Bank of Montreal, now succeeded by Computershare Advantage Trust of Canada, as trustee. CIBC World Markets Inc. and TD Securities Inc. acted as co-leads and joint bookrunners for the syndicate of agents which included RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., MUFG Securities (Canada), Ltd. and Merrill Lynch Canada Inc.

McCarthy Tétrault LLP advised the syndicate of agents with a team led by Toby Allan that included Rebecca Wieschkowski, Jonathan Brisebois, and Mackenzie Oshanek-Gladue (Business).