TransCanada Corp. - 2013-09-13
Description
TransCanada PipeLines Ltd. authorized the redemption of all its 4 million outstanding 5.6% cumulative redeemable first preferred shares series U. The total face value of the outstanding series U shares is $200 million and they carry an aggregate of $11.2 million in annualized dividends. Computershare Trust Co. of Canada is administering agent.