Published 1 month ago

TC Energy provides conversion right and dividend rate notice for Series 7 and 8 preferred shares - TC Energy (NYSE:TRP)

Summary by Ground News

TC Energy Corporation does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 7 (Series 7 Shares) on April 30, 2024. Holders of Series 7 Shares have the right to choose one of the following options regarding their shares:to retain any or all of their Series 7 shares and continue to receive a fixed rate quarterly dividend, orto convert, on a one-for-one basis, any orall of their series 7 Shares into Series 8 (Series 8 Shares) of TC Energy.

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Benzinga

TC Energy provides conversion right and dividend rate notice for Series 7 and 8 preferred shares - TC Energy (NYSE:TRP)

CALGARY, Alberta, April 01, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation ((TSX, NYSE:TRP) (TC Energy or the Company) today announced that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 7 (Series 7 Shares) on April 30, 2024. As a result, subject to certain conditions, the holders of Series 7 Shares have the right to choose one of the following options regarding their …

1 month ago·New York, United States

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