Lower Mattagami Energy Limited Partnership completes C$220 million private placement

On October 7, 2016, Lower Mattagami Energy Limited Partnership (the Partnership) issued, by way of private placement, C$220 million aggregate principal amount of 2.307% Series 2016-1 Senior Secured Bonds, due October 21, 2026. The bonds were offered for sale on a best efforts basis by a syndicate of dealers co-led by BMO Nesbitt Burns Inc. and CIBC World Markets Inc. and, and including National Bank Financial Inc., RBC Dominion Securities Inc., Scotia Capital Inc., TD Securities Inc., HSBC Securities (Canada) Inc. and Laurentian Bank Securities Inc.

The Partnership is a limited partnership between Ontario Power Generation Inc. (OPG), as the sole general partner, and LM Energy Inc., a wholly-owned subsidiary of OPG, as sole limited partner.