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CU Inc. Announces Debenture Issue

CU Inc. Announces Debenture Issue 
CALGARY, ALBERTA -- (Marketwire) -- 11/08/12 -- CU Inc. announced
today that it will issue $200,000,000 of 3.857% Debentures maturing
on November 14, 2052, at a price of $100.00 to yield 3.857%. This
issue was sold by RBC Dominion Securities Inc., BMO Nesbitt Burns
Inc., TD Securities Inc. and Scotia Capital Inc. Proceeds from the
issue will be used to finance capital expenditures, to repay existing
indebtedness, and for other general corporate purposes of ATCO
Electric Ltd. and ATCO Gas and Pipelines Ltd. 
CU Inc. is a wholly owned subsidiary of Canadian Utilities Limited,
part of the ATCO Group of Companies. An Alberta-based corporation
with assets of approximately $9 billion and more than 4,700
employees, CU Inc. is comprised of rate regulated utility operations
in pipelines, natural gas and electricity transmission and
distribution. More information about CU Inc. can be found on the
Canadian Utilities Limited website at www.canadianutilities.com.
Contacts:
CU Inc.
B.R. (Brian) Bale
Senior Vice President & Chief Financial Officer
(403) 292-7502
www.canadianutilities.com
 
 
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