TransCanada Trust
Description
Closed an offering by TransCanada Trust of subordinated notes due 2081. Proceeds will be used to redeem issued and outstanding preferred shares, and pending such redemption, to reduce short-term indebtedness as well as for general corporate purposes. BMO Capital Markets and Scotiabank co-led the syndicate of underwriters.
Estimated Price
CA$500.0MM
Financing Type
Report Date