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On March 27, 2023, Brookfield Renewable Partners ULC issued C$400 million in unsecured medium-term notes, fully guaranteed by Brookfield Renewable Partners L.P. The notes were designated as Green Bonds, with proceeds used to refinance debt tied to renewable energy projects.
The offering was conducted by a syndicate of agents, including Scotia Capital, CIBC World Markets, RBC Dominion Securities, BMO Nesbitt Burns, National Bank Financial, TD Securities, HSBC Securities (Canada), Desjardins Securities, Mizuho Securities Canada, MUFG Securities (Canada), SMBC Nikko Securities Canada, iA Private Wealth, and Sera Global Securities Canada LP.
Torys LLP advised Brookfield, while Goodmans LLP represented the agents. The notes were not listed on any exchange.
Parties
Company
Brookfield Renewable Partners ULC
Bank
Scotia Capital Inc.
Bank
CIBC World Markets Inc.
Bank
RBC Dominion Securities Inc.
Bank
BMO Nesbitt Burns Inc.
Bank
National Bank Financial Inc.
Bank
TD Securities Inc.
Bank
HSBC Securities (Canada) Inc.
Bank
Desjardins Securities Inc.
Company
Mizuho Securities Canada Inc.
Company
MUFG Securities (Canada), Ltd.
Company
SMBC Nikko Securities Canada, Ltd.
Company
iA Private Wealth Inc.
Company
Sera Global Securities Canada LP
Deal Type
Public/Private OfferingIndustry
EnergyTransaction
$ 400,000,000Deal Status
ClosedClosing Date
17 July 2024