TC Energy Disclosed The Expiration Of The Previously Announced Separate Offers Of TransCanada Pipelines To Purchase For Cash Up To C$350M In Aggregate Purchase Price, Excluding Accrued And Unpaid Interest Of Its Outstanding Notes Of The Two Series
Portfolio Pulse from Benzinga Newsdesk
TC Energy announced the expiration of its offers to purchase up to C$350 million of TransCanada Pipelines' outstanding notes. This move is part of their financial strategy to manage debt.
October 09, 2024 | 11:40 am
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TC Energy's offer to repurchase C$350 million of TransCanada Pipelines' notes has expired. This is a strategic move to manage the company's debt levels.
The expiration of the note repurchase offer is a planned financial strategy by TC Energy to manage its debt. This does not directly impact the stock price in the short term but indicates a focus on financial health.
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