TransCanada Corp.

Completed public offering of 40 million cumulative, redeemable Series 15 preferred shares. The shares began trading Nov. 21 on the TSX Exchange under the ticker “TRP.PR.K.” The shares were issued through a syndicate of underwriters co-led by Scotiabank, BMO Capital Markets, CIBC Capital Markets, RBC Capital Markets and TD Securities Inc. The net proceeds will support general corporate purposes and reduce short term debts of TransCanada and its affiliates.