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Prospect News home > News index > List of issuers T > Headlines for TC Energy Corp. > News item |
Fitch gives TransCanada notes BBB
Fitch Ratings said it gave a BBB rating to TransCanada Trust's offering of junior subordinated notes due 2082.
The trust's note will be guaranteed on a subordinated basis by TransCanada PipeLines Ltd., rated A-. TC Energy Corp. is the publicly-traded ultimate parent of TransCanada Pipelines.
The proceeds may be used for the repayment of certain TC Energy preferred shares issued.
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