Capital Power Announces Closing of US$1.2 Billion of Senior Notes

EDMONTON, Alberta, May 28, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) announced today the closing of a private offering of US$700 million aggregate principal amount of 5.257% senior notes due 2028 (the “2028 Notes”) and US$500 million aggregate principal amount of 6.189% senior notes due 2035 (the “2035 Notes” and, collectively, the “Notes”) issued by Capital Power (US Holdings) Inc., a U.S. wholly-owned subsidiary of the Company. The Notes are guaranteed by the Company and the Company’s subsidiaries that guarantee the Company’s revolving credit facilities.

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