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Northland Power Sells First Loonie Hybrid in Almost 4 Months

(Bloomberg) Northland Power Inc. sold the first corporate hybrid bond offering in Canadian dollars since the wipeout of Credit Suisse Group AG’s AT1s triggered a broad selloff in riskier debt.Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleSocial Security Benefits Targeted for Cuts by House ConservativesTrump Urges Prosecutors to Drop Case, Offers Defense PreviewElizabeth Holmes Objects to $2 ....

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Canadian banks' AT1s join selloff after Credit Suisse rescue

Canada's financial institutions' regulator moved to reassure investors as the country's riskiest bank debt joined a global selloff after the value of some Credit Suisse bonds was wiped out in the bank's takeover by UBS Group. ....

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