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Power Market Update — February 2022
Power Market Update — February 2022
TC Energy announces $1.8 billion bought deal offering of Common Shares
CALGARY, AB, Aug. 4, 2022 /CNW/ - TC Energy Corporation (TSX: TRP) (NYSE: TRP) (TC Energy or the Company) today announced that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and Scotiabank, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 28,400,000 common shares of the Company (the Common Shares) at a price of $63.50 per Common Share (the Offering Price), for gross proceeds of approximately $1.8 billion (the Offering).