TransCanada sets guidance on $1 bln 2-part debt deal

Wed Aug 6, 2008 11:09am EDT
 
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NEW YORK, Aug 6 (Reuters) - TransCanada Pipelines on Wednesday set price guidance on its $1 billion two-part debt deal, said International Financing Review.

The offering includes a 10-year note issue expected to yield 2.45 percentage points to 2.50 percentage points over U.S. Treasuries and a 30-year bond issue expected to yield 2.55 to 2.60 percentage points over Treasuries, said IFR, a Thomson Reuters publication.

The joint book managers on the sale are Citigroup Global Markets and JP Morgan. (Reporting by Caryn Trokie; Editing by Theodore d'Afflisio)

 
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