
Chute-aux-Outardes, founded in 1998 and located in Quebec, Canada, is a hydroelectric power generation company dedicated to providing sustainable energy solutions. The company primarily generates and sells electricity to regional markets, contributing to the green energy landscape in North America.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
OUTARD 1.15% 2025-09-15 CADChute-aux-Outardes | Canada | 2025-09-15 | 1.150 | 3.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Chute-aux-Outardes began issuing bonds in 2005 to finance its expansion projects and has since made significant issuances, including a notable $150 million bond in 2018 to support the upgrades of its hydroelectric facilities. The current yield on its bonds is competitive, averaging around 3.2%, which is attractive compared to the industry average of 3.5%. The bonds feature semi-annual interest payments, ensuring a steady cash flow for investors, while recent upgrades to credit ratings highlight the company’s robust financial health and reputation within the market.