The utilities provider holds a long-term issuer ratings of A from S&P Global Ratings and A (high) from DBRS Morningstar. Photo by Ellwood Shreve/Postmedia files

Canadian utility company Hydro One Ltd. plans to launch its first-ever United States dollar debt sale in the first half of 2026, interim chief executive Harry Taylor said at the Bloomberg Canadian Finance Conference on Tuesday.

The bond will likely have a 10-year maturity and be between US$500 million and US$1 billion, he said.

“We want to be sizable enough to be interesting to investors,” Taylor told an audience in New York.

The inaugural issuance will be followed by annual sales in the U.S. market , Taylor said. The first deal is unlikely to be a green bond , he added.

Hydro One has exclusively raised debt in Ca

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