FTS.PR.K : Fortis To Delay Confession

It will be recalled that the FTS.PR.K reset rate will be reset due to a calculation error by the company.

I had expected to see a correction published “in early April”, but I have now been advised via eMail that:

I am following-up on [REDACTED] email below to advise you that based on our board meetings a release will not be going out in early April as the email below originally stated. It has been decided that a press release will be issued with our Q1 2019 earnings release on May 1st. Furthermore, the issue has been reported to the TSX.

Thank you for bringing the issue to our attention and please let us know if you have any further questions.

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