Toronto Hydro Corporation renews $1B medium-term note program

On July 30, 2019, Toronto Hydro Corporation (THC) renewed its $1-billion medium-term note program pursuant to the filing of a short form base shelf prospectus. Toronto Hydro is the largest municipal electricity distribution company in Canada. Conrad Sheppard, Director, Legal Services and Corporate Secretary of THC, provided legal advice, along with Andrew Grossman and Michael Viner of Norton Rose Fulbright Canada LLP.

John Wilkin, Jeremy Ozier and Jonathan York of Blake Cassels & Graydon LLP represented a dealer syndicate that included TD Securities, CIBC World Markets, BMO Nesbitt Burns, RBC Dominion Securities, National Bank Financial and Scotia Capital.