NOVA Gas Transmission Ltd.

Corporate Finance:Energy

Summary

NOVA Gas Transmission Ltd., an Alberta-based transmission system consisting of 23,720 kilometres of mainlines and laterals, collects and transports natural gas for use in the province and for delivery to connecting systems through TransCanada PipeLines Limited (TCPL) at the Alberta border for export (about 84% of throughput) to eastern Canada and to the United States. Effective July 1998, NOVA Gas Transmission Ltd. became a wholly owned subsidiary of TCPL.

Debt Rated Action Rating Trend Date
Commercial Paper Disc.-Repaid Discontinued -- Oct 5, 1998
Medium Term-Notes & Unsecured Debentures Confirmed A Stb Sep 16, 2011
F.M. Bonds and Secured Debentures Disc.-Repaid Discontinued -- Jun 3, 1986
Cum. Redeem. Conv. Second Pref. Disc.-Repaid Discontinued -- Jul 18, 1988
First Preferred Shares Disc.-Repaid Discontinued -- Mar 28, 1996