-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WtTMoFYqxlNRCOWA34e5eMOyl126wvFSW3+OeO7oXNqQdFogJUbSzss5GQkixOkD bsm64IQYb88s/OKdCaEh8g== 0001047469-06-003504.txt : 20060316 0001047469-06-003504.hdr.sgml : 20060316 20060315215408 ACCESSION NUMBER: 0001047469-06-003504 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060316 DATE AS OF CHANGE: 20060315 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TRANSCANADA PIPELINES LTD CENTRAL INDEX KEY: 0000099070 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 522179728 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-121265 FILM NUMBER: 06689887 BUSINESS ADDRESS: STREET 1: 450 -1ST STREET SW STREET 2: P O BOX 1000 STATION M CITY: CALGARY ALBERTA STATE: A0 ZIP: T2P 5H1 BUSINESS PHONE: 4039207669 MAIL ADDRESS: STREET 1: 450 I STREET SW CITY: CALGARY ALBERTA STATE: A0 ZIP: T2P 5H1 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TRANSCANADA PIPELINES LTD CENTRAL INDEX KEY: 0000099070 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 522179728 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 450 -1ST STREET SW STREET 2: P O BOX 1000 STATION M CITY: CALGARY ALBERTA STATE: A0 ZIP: T2P 5H1 BUSINESS PHONE: 4039207669 MAIL ADDRESS: STREET 1: 450 I STREET SW CITY: CALGARY ALBERTA STATE: A0 ZIP: T2P 5H1 FWP 1 a2168523zfwp.htm FWP PRICING TERM SHEET
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    Filed pursuant to Rule 433
Registration No. 333-121265
March 15, 2006


TransCanada PipeLines Limited

Pricing Term Sheet

Issuer:   TransCanada PipeLines Limited
Security Type:   SEC Registered
Principal Amount:   $500,000,000
Coupon:   5.850%
Stated Maturity Date:   March 15, 2036
Issue Price:   99.721% of face amount
Yield to Maturity:   5.870%
US Treasury Benchmark:   5.375% due February 2031
US Treasury Yield:   4.870%
Spread to US Treasury:   1.000%
Trade Date:   March 15, 2006
Original Issue/Settlement Date:   March 20, 2006
Interest Payment Dates:   March 15 and September 15,
    commencing September 15, 2006
Make Whole Call:   T+ 20 bps

Sole Bookrunner:
 
Deutsche Bank Securities Inc.

Co-Managers:
 
Citigroup Global Markets Inc.
    J.P. Morgan Securities Inc.
    HSBC Securities (USA) Inc.
    Lazard Capital Markets LLC
    SG Americas Securities, LLC

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Deutsche Bank Securities Inc. toll free at 1-800-503-4611.



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TransCanada PipeLines Limited
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