FortisAlberta Inc. Closes $100 Million Debt Offering

On April 15, 2008, FortisAlberta Inc. closed a debt offering of senior unsecured medium term notes with a coupon rate of 5.85 per cent and a maturity date of April 15, 2038, for an aggregate principal amount of $100 million. The offering was made in Canada under FortisAlberta's previously filed $350 million base shelf prospectus dated December 6, 2006, and $100 million medium term note prospectus supplement dated April 8, 2008.

FortisAlberta Inc. was advised by the Calgary office of Macleod Dixon LLP

The dealer syndicate was led by TD Securities Inc. and included BMO Nesbitt Burns Inc., Scotia Capital Inc., CIBC World Markets Inc., National Bank Financial Inc., RBC Dominion Securities Inc., and Casgrain & Company Limited.

The Dealers were represented by the Calgary office of Fraser Milner Casgrain LLP. The FMC team included Bill Gilliland and Keith Inman (securities).


Paula Blackstien-Hirsch Frédéric Harvey Madeleine Renaud Frédéric Cotnoir David Waddell Ylang Ha Félix Gutierrez Marc Novello Richard T. Higa Philippe Fortier Darrell M. Gold Gabriel Castiglio Thomas W. Copeland Philippe Leclerc Simon K. Yu Nicolas St-Sauveur Jean-Raymond Castelli Richard B. Epstein Gilles Carli Jules Turcotte