BRIEF-Fortis Inc announces launch of US$2 bln notes offering

Thu Sep 29, 2016 9:23am EDT
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Sept 29 (Reuters) - Fortis Inc

* Commenced an offering of notes due 2021 and notes due 2026

* Fortis Inc. announces launch of US$2.0 billion notes offering

* Intends to use net proceeds from notes offering to finance portion of cash consideration for previously announced acquisition of ITC Holdings Source text for Eikon: Further company coverage: