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Home » Globe Newswire News Releases


FORTIS INC. ANNOUNCES CLOSING OF OFFERING OF SENIOR UNSECURED NOTES




FORTIS INC. ANNOUNCES CLOSING OF OFFERING OF SENIOR UNSECURED NOTES

Not for distribution to United States news wire services or dissemination in the
United States.


ST. JOHN'S, Newfoundland and Labrador, May 31, 2022 (GLOBE NEWSWIRE) -- Fortis
Inc. ("Fortis" or the "Corporation") (TSX: FTS) announced today that it has
closed its offering (the "Offering") of $500,000,000 aggregate principal amount
of 4.431% senior unsecured notes due May 31, 2029 (the "Notes"). The Offering
was made to the public through a syndicate of agents co-led by BMO Nesbitt Burns
Inc., CIBC World Markets Inc. and Scotia Capital Inc., and including TD
Securities Inc., RBC Dominion Securities Inc., Desjardins Securities Inc.,
National Bank Financial Inc., Merrill Lynch Canada, Inc., Morgan Stanley Canada
Limited, MUFG Securities (Canada), Ltd. and Wells Fargo Securities Canada, Ltd.

The Notes have not been and will not be registered under the U.S. Securities Act
of 1933, as amended, and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements. This
media release shall not constitute an offer to sell or an invitation to purchase
or subscribe for any securities in the United States or in any other
jurisdiction where such offer is unlawful.

About Fortis
Fortis is a well-diversified leader in the North American regulated electric and
gas utility industry, with 2021 revenue of $9.4 billion and total assets of $58
billion as at March 31, 2022. The Corporation's 9,100 employees serve utility
customers in five Canadian provinces, nine U.S. states and three Caribbean
countries.

Fortis' shares are listed on the Toronto Stock Exchange and trade under the
symbol FTS. Additional information can be accessed at www.fortisinc.com,
www.sedar.com or www.sec.gov.

Not for distribution to United States news wire services or dissemination in the
United States.

A .pdf version of this press release is available
at: http://ml.globenewswire.com/Resource/Download/385f6d81-1071-49f6-960e-67359e2bfc51

For more information please contact

Investor Enquiries:
Ms. Stephanie Amaimo
Vice President, Investor Relations
Fortis Inc.
289.946.3572
investorrelations@fortisinc.comMedia Enquiries:
Ms. Karen McCarthy
Vice President, Communications & Corporate Affairs
Fortis Inc.
709.737.5323
media@fortisinc.com




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