TC Energy announces closing of US$800 million subordinated notes offering by TransCanada Trust
Published by Sara Simper,
Editorial Assistant
World Pipelines,
TC Energy Corp. (‘TC Energy’ or ‘the Company’) today announced that TransCanada Trust (the Trust), a wholly-owned financing trust subsidiary of TransCanada PipeLines Limited (TCPL), has closed an offering of US$800 million of 5.6% subordinated Trust Notes, Series 2022-A due 7 March 2082 (‘Trust Notes’), guaranteed on a subordinated basis by TCPL.
The Trust Notes were offered through a syndicate of underwriters, co-led by Deutsche Bank Securities Inc. and MUFG Securities Americas Inc., under the Trust's short form base shelf prospectus dated 26 February 2021, as supplemented by a prospectus supplement dated 2 March 2022.
Read the article online at: https://www.worldpipelines.com/business-news/07032022/tc-energy-announces-closing-of-us-us800-million-subordinated-notes-offering-by-transcanada-trust/
You might also like
The World Pipelines Podcast - Protecting high value assets with AMPP
Juan Caballero, Chair of the AMPP Board of Directors, talks about AMPP's global efforts to prevent corrosion and to protect assets, offering insight into how the association listens to its members and serves the pipeline industry.
Tune in to the World Pipelines Podcast on your favourite podcast app today.
