Skip to main content

TC Energy announces closing of US$800 million subordinated notes offering by TransCanada Trust

Published by , 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

CO2 systems, studies and solutions

Alessandro Terenzi, Giorgio Arcangeletti, Enrico Bonato, Elvira Aloigi, Lorenzo Maggiore, and Annalisa Di Felice, Saipem S.p.A., offer an overview of the challenges and opportunities for CO2 pipelines in the energy transition, drawing on offshore and onshore case studies.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Canada pipeline news TransCanada pipeline news TC Energy news