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TC Energy Says Unit Mulls US Junior Subordinated Notes Offering
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TC Energy Says Unit Mulls US Junior Subordinated Notes Offering
Oct 6, 2025 7:13 AM

09:49 AM EDT, 10/06/2025 (MT Newswires) -- TC Energy ( TRP ) said Monday that its TransCanada PipeLines unit is considering a US junior subordinated notes offering.

The company said it plans to use net proceeds to redeem its issued and outstanding cumulative redeemable first preferred shares, series 11, to reduce debt, and for general corporate purposes.

TC Energy ( TRP ) said there was no certainty that an offering would be completed and did not disclose details about timing or pricing.

Price: 54.84, Change: -0.25, Percent Change: -0.45

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