TransCanada PipeLines Limited

Corporate Finance:Energy

Summary

TransCanada PipeLines Limited (TCPL) is a leading integrated energy services company in North America involved in the transmission of natural gas from western Canada and other major basins to various major markets in North America (consolidated delivery capacity of 12 billion cubic feet per day) and power generation (7,700 megawatts). Its extensive network consists of 59,000 kilometres (36,500 miles) of pipelines.

Debt Rated Action Rating Trend Date
Commercial Paper Confirmed R-1 (low) Stb Nov 25, 2011
Unsecured Debentures & Notes Confirmed A Stb Nov 25, 2011
Junior Subordinated Notes Confirmed BBB (high) Stb Nov 25, 2011
First Mortgage Bonds Disc.-Repaid Discontinued -- Sep 5, 2007
Subordinated Debentures & Jr. Subordinated Disc.-Repaid Discontinued -- Jul 31, 2003
Preferred Shares - cumulative Confirmed Pfd-2 (low) Stb Nov 25, 2011
Cum. Equity Second Preferred Shares, Series B Discontinued Discontinued -- Aug 1, 1995
Preferred Securities (COPrS) Disc.-Repaid Discontinued -- Jul 5, 2007