BRIEF-Hydro One and province of Ontario enter into agreement for secondary offering of 72.4 mln common shares

Tue Apr 5, 2016 5:52pm EDT
 
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April 5 (Reuters) - Hydro One Ltd

* Hydro One Ltd announces secondary offering of common shares by the province of Ontario

* Co and province of Ontario entered into agreement for secondary offering of 72.4 million common shares

* Secondary offering for total gross proceeds of approximately $1.71 billion

* Offering 72.4 million common shares of hydro one at a price of $23.65 per share, for total gross proceeds of approximately $1.71 billion Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)