Hydro One Completes $1 Billion Senior Notes Offering

Paul, Weiss advised the underwriters of Hydro One Inc.’s offering of $1 billion aggregate principal amount of 4.750% senior notes due 2031. Hydro One is Ontario's largest electricity transmission and distribution provider. The joint bookrunning managers for the offering are Barclays Capital Inc., Mizuho Securities USA LLC and RBC Capital Markets, LLC. 

The Paul, Weiss team was led by corporate partner Christopher Cummings and included counsel Stephen Centa; tax partner Matthew Jordan and counsel Samir Kurani; and environmental counsel William O’Brien.