TriSummit Utilities Inc. announced that it has agreed to issue $100 million of senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 3.13% and mature on April 7, 2027. The Offering is expected to close on or about April 7, 2020. The net proceeds resulting from the Offering will be used (i) as to approximately $96 million, to repay amounts outstanding under TSU's syndicated revolving credit facility, and (ii) as to the remainder, for general corporate purposes. The Offering is being made through a syndicate of investment dealers co-led by CIBC Capital Markets and RBC Capital Markets under TSU's Short Form Base Shelf Prospectus dated November 14, 2018 and Prospectus Supplement dated November 15, 2018.