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TC Energy Initiates Multibillion-Dollar Debt Buyback

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TC Energy Initiates Multibillion-Dollar Debt Buyback

TC Energy (TSE:TRP) has released an update.

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TC Energy, through its subsidiary TransCanada PipeLines Limited, has launched cash tender offers to buy back seven series of its debt securities, aiming for a total consideration up to $1.75 billion. The offers prioritize certain series of notes for purchase, ensuring full acceptance without proration for those tendered within the set terms and conditions.

For further insights into TSE:TRP stock, check out TipRanks’ Stock Analysis page.

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