UNDERWRITING AGREEMENTUnderwriting Agreement • January 14th, 2022 • Algonquin Power & Utilities Corp. • Electric services • New York
Algonquin Power & Utilities Corp., a Canadian corporation (the “Corporation”), proposes to issue and sell to the several underwriters named in Schedule A (the “Underwriters”), acting severally and not jointly, the respective amounts set forth in such Schedule A of $750,000,000 aggregate principal amount of the Corporation’s 4.750% Fixed-to-Fixed Reset Rate Junior Subordinated Notes Series 2022-B due January 18, 2082 (the “Notes”). BofA Securities, Inc. (“BofA Securities”) and Wells Fargo Securities, LLC (“Wells Fargo Securities”) have agreed to act as representatives of the several Underwriters (in such capacity, the “Representatives”) in connection with the offering and sale of the Notes (the “Offering”).
UNDERWRITING AGREEMENTUnderwriting Agreement • January 14th, 2022 • Algonquin Power & Utilities Corp. • Electric services • Ontario
The Notes will be issued pursuant to an indenture to be dated as of the Closing Date (as defined below) (the "Base Indenture"), among the Corporation and TSX Trust Company, as the trustee, (the "Trustee"). Certain terms of the Notes will be established pursuant to a supplemental indenture to the Base Indenture to be dated as of the Closing Date (the "Supplemental Indenture" and, together with the Base Indenture, the "Indenture"). The Notes will be issued in book-entry form in the name of CDS Clearing and Depository Services Inc. (the "Depository").
