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Fitch revises TC Energy outlook to stable
Fitch Ratings said it affirmed TC Energy Corp.’s long-term issuer default rating at A- and preferred share rating at BBB.
Fitch also affirmed TransCanada PipeLines Ltd.’s long-term IDR at A-, senior unsecured rating at A- and short-term IDR and CP rating at F2.
In addition, Fitch affirmed TransCanada Trust's junior subordinated rating at BBB. Trust's junior subordinated notes are guaranteed by TCPL on a subordinated basis.
The outlook has been revised to stable from negative.
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