NSPI Completes Offering of $75,000,000 Medium Term Note Issue.HALIFAX, NOVA SCOTIA--(BUSINESS WIRE)--April 22, 1999-- NOVA SCOTIA(ME:NSI See Network Solutions. NSI - Network Solutions, Inc. .)(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :NSI.) Nova Scotia Power Inc. successfully completed today a medium term note issue totalling $75,000,000. The $75,000,000 Series Q Notes bear interest at the rate of 5.55 percent per annum until June 1, 2009. Series Q Notes held to June 1, 2009 will have an effective annual yield of 5.623 percent. The Series Q Notes were sold through an agency group made up of CIBC Wood Gundy CIBC Wood Gundy was created in 1988 with the purchase of Wood Gundy Inc. by CIBC. CIBC Wood Gundy is a division of CIBC World Markets. Canadian Imperial Bank of Commerce Chief Executive Officer: Gerald T. McCaughey | FY 2006 Statistics: Net income: $2. Inc., Nesbitt Burns Inc., RBC Dominion Securities
Nova Scotia Power Inc., a wholly-owned subsidiary of NS Power Holdings Inc. ("NSPHI"), has over 430,000 residential, commercial and industrial customers. Its assets total $2.8 billion and its operations include approximately 97 per cent of the generation, 99 per cent of the transmission and 95 per cent of the distribution of electric power throughout the province of Nova Scotia. NSPHI is aggressively pursuing its vision to be the customer's choice in energy and services. Consistent with its efforts to become a diversified energy and services company, it holds a 12.5 percent stake in the Maritimes & Northeast natural gas pipeline. NSPHI common shares trade on the Toronto and Montreal stock exchanges under the symbol NSH NSH nutritional secondary hyperparathyroidism. . |
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