TransCanada Corp.
Description
Completed public offering of about 60.22 million common shares priced at C$58.50 each. Proceeds will repay part of the US$6.9 billion senior unsecured asset sale bridge term loan credit facilities that partly financed the acquisition of Columbia Pipeline Group Inc. TransCanada had entered an agreement with a syndicate of underwriters led by TD Securities, BMO Capital Markets and RBC Capital Markets, which exercised the overallotment option.
Estimated Price
CA$3,500.0MM
Financing Type
Report Date