BRIEF-TransAlta agrees to issue $400 mln senior notes

Wed Nov 20, 2013 12:22pm EST
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Nov 20 (Reuters) - TransAlta Corp : * Announces public offering of senior notes * Agreed to issue $400 million of senior unsecured medium-term notes * Says notes carry a coupon rate of 5.00%, payable semi-annually, at an issue

price equal to 99.516% of the principal amount of the notes * Intends to use net proceeds from offering for repayment of indebtedness,

financing of corp's long-term investment plan and growth projects * Source text for Eikon * Further company coverage