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TC Energy Sets Prices for $1.75B Note Tender Offers

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TC Energy Sets Prices for $1.75B Note Tender Offers

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

TC Energy Corporation has announced the pricing for its cash tender offers to purchase up to $1.75 billion in aggregate principal amount of its subsidiary’s outstanding notes. The offers, structured by TC Energy’s subsidiary TransCanada PipeLines Limited, are detailed in terms of pricing and acceptance based on priority levels and are calculated in relation to U.S. Treasury reference yields plus a fixed spread.

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