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Published on 6/28/2017 in the Prospect News Bank Loan Daily.

Brookfield Renewable to repay credit facility debt via equity offering

By Tali Rackner

Minneapolis, June 28 – Brookfield Renewable Partners, LP plans to repay amounts outstanding under its credit facilities using the net proceeds from a new C$550 million equity offering, according to a press release.

Proceeds will also be used for general corporate purposes, including to fund new investments.

The Toronto-based company operates a portfolio of hydroelectric and wind facilities in North America, Latin America and Europe.


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