Husky Midstream Weighs Canadian Dollar Bond Sale This Week

Husky Midstream LP, a pipeline company, is looking at selling at least C$400 million ($284 million) of Canadian dollar bonds as early as this week, according to people with knowledge of the matter.

The company is looking at selling the bonds in one part, with the notes maturing between five and seven years, according to the people, who declined to be identified discussing private matters. If Husky were selling five-year bonds, it would consider pricing them close to 1.10 percentage point above government debt, while a seven-year offering could be priced closer to around 1.3 percentage point above government notes, the people said, based on initial price conversations.