TC Energy Subsidiary Sets 2048 Notes Repurchase Price

TC Energy (TSE:TRP) has released an update.

TC Energy Corporation’s subsidiary, TransCanada PipeLines Limited, has announced the pricing for its cash tender offers to repurchase up to C$575 million of its 4.180% Senior Notes due 2048. The repurchase excludes the 3.390% Senior Notes due 2028, which were not accepted in the offer. Payment for the accepted 2048 notes will occur on October 15, 2024, including a cash payment for accrued interest.

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