TransCanada PipeLines was a major North American energy infrastructure company primarily involved in the development and operation of natural gas and crude oil pipelines, which later rebranded as TC Energy Corporation.
This financial analysis details a specific debt instrument issued by TransCanada PipeLines, a prominent Canadian energy infrastructure company known for its vast network of natural gas pipelines, oil pipelines, and power generation facilities across North America. The bond, identified by ISIN US89356BAA61 and CUSIP 89356BAA6, is a long-term obligation denominated in USD, currently trading at 100% of its par value on the market. It features a fixed annual interest rate of 5.625%, with payments distributed semi-annually to bondholders, and carries a maturity date set far into the future on May 20, 2075. The total size of this particular issuance amounts to 750,000,000 USD, with a minimum purchase increment established at 1,000 USD. Reflecting the issuer's creditworthiness, the bond has received an investment-grade rating of BBB- from Standard & Poor's and Baa3 from Moody's, placing it within the lower tier of investment-grade securities, which indicates moderate credit risk but still a relatively low expectation of default.
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97.50 % ▼ 
Canada
US89356BAA61 ( in USD )
