Capital Power (TSE:CPX) has released an update.
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Capital Power Corporation has successfully completed the consent solicitation for the amendment of its Series 1 Notes, which will now be exchanged for new Series 3 Notes with identical economic terms. This strategic financial move has been strongly supported by note holders and is expected to result in ratings of BB with a stable outlook from S&P Global Ratings and Morningstar DBRS.
For further insights into TSE:CPX stock, check out TipRanks’ Stock Analysis page.
