Shearman And Sterling

News December 14, 2018

$5.5 Billion Revolving Credit Facilities for Transcanada Pipelines

Shearman & Sterling advised JPMorgan Chase Bank, N.A., as administrative agent, on a $5.5 billion financing for Transcanada Pipelines Limited, Transcanada Pipeline USA LTD., Transcanada American Investments LTD. & Columbia Pipeline Group, Inc. consisting of a $1 billion three-year unsecured revolving credit facility and a $4.5 billion 364-day unsecured revolving credit facility.

Transcanada Pipelines Limited, headquartered in Calgary, Canada, operates as an energy infrastructure company in North America.

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