The
senior
notes
were
priced
at
99.823%
for
yield
to
maturity
of
6.49%.
The
notes
have
been
rated
BBB
(stable)
by
Dominion
Bond
Rating
Service
and
Standard
&
Poor’s
Rating
Services.
Net
proceeds
from
the
offering
will
be
used
for
debt
repayment,
financing
of
TransAlta’s
long-term
investment
plan
and
for
general
corporate
purposes.
CIBC
World
Markets
and
Scotia
Capital
acted
as
joint
lead
agents
and
book-runners
for
the
offering.
Transalta
owns
and
operates
285MW
of
wind
power
generation
in
Alberta
province,
with
three
other
wind
farms
totaling
205MW
under
development
there.
The
company
also
is
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