Topic:"Corporate Adjustments" in M12914

Matter: NSP Maritime Link Inc. - 2027 / 2028 Assessment Application - NSPML

1 passage 1 document

Corporate Adjustments across all matters →

N-4NSPML (IG) RIRs 1-17 - Redacted 1 passage

Section 30 p. pp. 1-28

Based on the information in Attachment 1 from a Tier 1 Canadian national bank[1](#page-28-0) , NSPML's estimated incremental cost of borrowing relative to NS Power under current market conditions is in the range of CORRA + CSA + 170 bps to...

AI summary The document discusses NSPML's estimated incremental borrowing costs relative to NS Power, highlighting structural differences in their credit profiles, including subordination of assets and lower equity cushion. These factors increase NSPML's credit risk and borrowing costs compared to NS Power.

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