Fortis Inc. announced the determination of the pricing and the early tender results for its previously announced tender offer to purchase for cash up to USD 400 million of its outstanding 3.055% Notes due 2026 . The tender offer is being made upon, and is subject to, the terms and conditions set forth in the Offer to Purchase, dated April 4, 2019. Fortis previously announced the completion of the sale of its 51% interest in the Waneta Expansion Hydroelectric Project in British Columbia, which satisfies the Waneta Sale Condition. Fortis will pay holders of the Notes ("Holders") who validly tendered Notes on or prior to 5:00 p.m., New York City time, on April 17, 2019 (such date and time, the "Early Tender Date"), subject to proration as described in the Offer to Purchase, the Total Consideration of USD 965.43 for each USD 1,000 principal amount of the Notes accepted for purchase, which includes an early tender premium of USD 30.00 per USD 1,000 principal amount of the Notes, plus accrued and unpaid interest up to, but not including, the Early Settlement Date. The Total Consideration for each USD 1,000 principal amount of Notes validly tendered on or prior to the Early Tender Date and accepted for purchase was determined in the manner described in the Offer to Purchase, calculated as of 2:00 p.m., New York City time, on April 17, 2019 (the "Pricing Time"). Fortis has elected to make payment on April 18, 2019 for the Notes it has accepted for purchase. The tender offer will expire at 11:59 p.m., New York City time, on May 1, 2019, unless extended or earlier terminated. Because the aggregate principal amount of the Notes validly tendered (and not validly withdrawn) on or prior to the Early Tender Date exceeded the Maximum Tender Amount, Fortis will accept only the Notes tendered on or prior to the Early Tender Date on a prorated basis as provided in the Offer to Purchase and will not accept any Notes tendered after the Early Tender Date.