Additionally, TRP benefits from a healthy 35% participation rate in its dividend reinvestment plan, translating into a reinvestment in common equity of approximately $870 million in 2018. Given the large capital spending plan, where most of the projects take over a year from the ground-breaking milestone to the revenue-generating milestone, leverage is high compared to management's target. This is a space where subscribers can engage with each other and Globe staff.Despite the uncertainty, Moody’s gave TransCanada credit for its diversified geographic footprint, which means the company is not dependent on any one basin for the bulk of its projects. All Fitch reports have shared authorship. We understand that our business activities have the potential to affect these groups in tangible ways.Read the latest announcements to cross the wire from TC Energy.Find stock information for TC Energy shareholders.
June 30, 2017 Primary Credit Analyst: Yousaf Siddique, CFA Toronto +1-416-507-2559 yousaf.siddique@spglobal.com. Credit ratings information published by Fitch is not intended to be used by persons who are retail clients within the meaning of the Corporations Act 2001 Fitch Ratings, Inc. is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (the "NRSRO"). PUBLISHED RATINGS, CRITERIA, AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. In issuing its ratings and its reports, Fitch must rely on the work of experts, including independent auditors with respect to financial statements and attorneys with respect to legal and tax matters. The company successfully extended the maturity dates on credit facilities that were due in December 2018. 33 Whitehall Street, NY, NY 10004. While certain of the NRSRO's credit rating subsidiaries are listed on Item 3 of Form NRSRO and as such are authorized to issue credit ratings on behalf of the NRSRO (see https://www.fitchratings.com/site/regulatory), other credit rating subsidiaries are not listed on Form NRSRO (the "non-NRSROs") and therefore credit ratings issued by those subsidiaries are not issued on behalf of the NRSRO. Moody's Affirms TransCanada PipeLines Limited A3 senior unsecured rating; Outlook stable … The Rating Outlook is Stable. Now with close to 1,000 scholarships available across Canada, the U.S. and Mexico, you could receive a scholarship valued at up to $10,000.We changed the name of our company from TransCanada to TC Energy, following the approval of our shareholders at our Annual and Special Meeting of Shareholders on May 3, 2019.Since 2000, we have grown our asset base from $25 billion to $100 billion.