CALGARY, Alberta, Oct. 09, 2025 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that TransCanada PipeLines Limited (TCPL) has closed an offering of US$350 million of 6.250 per cent Fixed-for-Life Junior Subordinated Notes due Nov. 1, 2085 (Notes). The Notes were offered through a syndicate of underwriters, co-led by Morgan Stanley & Co. LLC, BofA Securities, Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC.

The Grand Rapids Pipeline System is delivering crude oil on behalf of our customers. Jointly owned by TransCanada and PetroChina Canada Ltd., formerly Brion Energy Corporation, the 460 km (287 mile) Grand Rapids Pipeline System plays a key role in connecting producing areas northwest of Fort McMurray, Alta., to terminals in the Edmonton/Heartland region.