Canadian Utilities Ltd., founded in 1927 and based in Calgary, Alberta, is a leading provider of diversified utilities services in Canada. The company primarily focuses on electricity generation, natural gas distribution, and energy infrastructure, catering to both residential and commercial customers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CUCN 4.41% 2035-06-24 CADCanadian Utilities Ltd. | Canada | 2035-06-24 | 4.412 | 4.07 |
| CUCN 4.85% 2052-06-03 CADCanadian Utilities Ltd. | Canada | 2052-06-03 | 4.851 | 4.89 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Canadian Utilities Ltd. has a significant history in bond issuances, beginning in the mid-20th century to finance its growth and infrastructure developments. Notably, in 2019, the company issued $300 million in medium-term notes at a yield of 3.25%, which was well-received in the market compared to industry averages. Additionally, Canadian Utilities maintains a track record of issuing green bonds, with their first issuance in 2021 aimed at funding environmentally sustainable projects. As of October 2023, their bonds are considered solid investments within the utility sector, offering competitive yields amidst a backdrop of rising interest rates.