Columbia Pipelines Completes $750 Million Senior Notes Offering

Paul, Weiss advised the initial purchasers of Columbia Pipelines Operating Company LLC’s offering of $750 million aggregate principal amount of notes. The company, an indirect subsidiary of TC Energy, owns one of the premier natural gas systems in North America, with over 15,000 miles of natural gas pipelines and more than 270 billion cubic feet of total integrated working gas storage. MUFG, BofA Securities and Deutsche Bank Securities acted as representatives of the initial purchasers.

The Paul, Weiss team was led by corporate partner Christopher Cummings and included counsel Stephen Centa; tax partner Matthew Jordan; environmental counsel William O’Brien; and executive compensation counsel Jake Glazeski.