TCPA: A 6.25% Junior Subordinated Notes IPO From TC Energy
2025-11-19 16:27:33 ET
Co-authored by Relative Value.
Overview
This is our next in line article, in which we turn our attention to a recent exchange-listed debt issue: TC Energy Corporation's ( TRP ) 6.25% Junior Subordinated Notes ( TCPA ) due 11/01/2085. As usual in this type of analysis, we'll run the new debt issue through our fixed-income IPO evaluation routine to determine if it can be a valuable addition to our portfolio. The examination will begin with a brief study of the issuing company to assess the extent to which we can feel safe holding its subordinated notes. After that, we'll conduct a relative evaluation of TCPA, comparing its metrics to peers with similar metrics....
Read the full article on Seeking Alpha
For further details see:
TCPA: A 6.25% Junior Subordinated Notes IPO From TC Energy
NASDAQ: TCPA
TCPA Trading
-0.16% G/L:
$24.50 Last:
8,136 Volume:
$24.52 Open:
