Bond blitz rages with TransCanada, Breitburn offers

摘要

New York-TransCanada last week issued $1 billion in debt and Breitburn Energy Partners is offering up to $250 million, further signs that debt issues are still on a 2010 roll. TransCanada subsidiary TransCanada Pipelines issued the senior notes at 3.8%, due in 2020, the company said in a statement. Proceeds “are expected to be used to partially fund capital projects of TransCanada, for general corporate purposes and to reduce short term indebtedness of TransCanada and its affiliates,” the Calgary-based company said September 23.