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Manitoba issues 50 million euro dollar bond for hydro
Premier Ed Schreyer announces sale of a 50 million dollar Euro dollars bond issue for Manitoba hydro development. The seven year issue pays 8.75 percent, sold at par to yield 8.75 in European terms, with future Canadian value depending on the April 15 1976 exchange rate. The issue, increased from 40 million, uses Euro dollars to diversify funding and reduce reliance on traditional sources.
MENTIONED IN THIS ARTICLE
Ed Schreyer
Manitoba
Schreyer
U.S
London
England
North America
Wood Gundy Limited
Kredierbank S.A. Luxembourgeoise
Onion Bank