Workflow
U.S. Junior Subordinated Notes
icon
Search documents
TC Energy announces consideration of U.S. Junior Subordinated Notes Offering by TransCanada PipeLines Limited
Globenewswire· 2025-10-06 12:58
CALGARY, Alberta, Oct. 06, 2025 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that TransCanada PipeLines Limited (TCPL) is considering an offering of U.S. Junior Subordinated Notes (Notes). If a successful offering is completed, the Company intends to use the net proceeds to redeem its issued and outstanding Cumulative Redeemable First Preferred Shares, Series 11 (TSX:TRP.PR.G) pursuant to their terms, to reduce indebtedness as well as f ...