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TC Energy Subsidiary Upsizes Tender Offers Amid Strong Demand

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

TC Energy Corporation’s subsidiary, TransCanada PipeLines Limited, has successfully upsized its cash tender offers, raising the Maximum Purchase Amount from $1.75 billion to $1.809 billion, ensuring the full purchase of Notes with Acceptance Priority Levels 1-5. The offers attracted a substantial response with $2.87 billion in Notes tendered by the expiration date, indicating strong investor participation.

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

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