Hydro One Ltd, founded in 1906 and headquartered in Toronto, Canada, is the largest electricity transmission and distribution company in Ontario. The company is dedicated to delivering the essential service of electricity to its customers while operating a reliable and sustainable power grid. Hydro One's core services include the transmission of high-voltage electricity, distribution of electricity to residential and business customers, and the maintenance of the electrical infrastructure across the province.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| HYDONE 1.41% 2027-10-15 CADHydro One Ltd | Canada | 2027-10-15 | 1.410 | 2.68 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Hydro One began issuing bonds in 2015 following its initial public offering, marking a significant milestone in its access to capital markets. The company has since executed several notable bond issuances, such as the $1 billion green bond in 2021 aimed at financing environmentally sustainable projects. Current yields on Hydro One's bonds are competitive within the utility sector, reflecting the issuer's strong credit rating and the stability of its cash flows. Recent developments include a commitment to advancing its sustainability initiatives, which have also played a role in shaping its bond market strategy.