Moody's affirms TC PipeLines' Baa2 rating, stable outlook
Rating Action: Moody's affirms TC PipeLines' Baa2 rating, stable outlook. Global Credit Research- 07 Jul 2017. Approximately $1.2 billion of rated debt obligations affected.TC PipeLines is engaged in acquiring, owning and participating in the management of energy infrastructure businesses in North America. The company has ownership interests in eight natural gas interstate pipeline systems Gas Transmission Northwest LLC, Northern Border Pipeline Company, Bison Pipeline LLC, Great Lakes Gas Transmission Limited Partnership, North Baja Pipeline, LLC, Tuscarora Gas Transmission Company, Portland Natural Gas Transmission System and Iroquois Gas Transmission System, LP, which are collectively designed to transport natural gas from producing regions and import facilities to market hubs and consuming markets primarily in the Western, Midwestern and Eastern United States.
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