-----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, RCuKhdrbV6AZdPK60UJxirJWCyStO8R4ISiSXvWh6GT5QYiCp/Zwf+8cjy4jzXRH iqqh7czaAbaeg2hyaauTag== 0001104659-10-030977.txt : 20100526 0001104659-10-030977.hdr.sgml : 20100526 20100526170443 ACCESSION NUMBER: 0001104659-10-030977 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100526 DATE AS OF CHANGE: 20100526 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: 333-163641 FILM NUMBER: 10860166 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: 4039206411 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: 4039206411 MAIL ADDRESS: STREET 1: 450 I STREET SW CITY: CALGARY ALBERTA STATE: A0 ZIP: T2P 5H1 FWP 1 a10-10613_3fwp.htm FWP

 

Filed Pursuant to Rule 433

Registration No. 333-163641

May 26, 2010

 

U.S.$500,000,000

TransCanada PipeLines Limited

 

3.400% Senior Notes due 2015

 

Issuer:

 

TransCanada PipeLines Limited

 

 

 

Security:

 

3.400% Senior Notes due 2015

 

 

 

Size:

 

U.S.$500,000,000

 

 

 

Maturity Date:

 

June 1, 2015

 

 

 

Coupon:

 

3.400%

 

 

 

Interest Payment Dates:

 

June 1 and December 1, commencing December 1, 2010

 

 

 

Price to Public:

 

99.881%

 

 

 

Benchmark Treasury:

 

2.500% due April 30, 2015

 

 

 

Benchmark Treasury Yield:

 

2.051%

 

 

 

Spread to Benchmark Treasury:

 

+ 137.5 basis points

 

 

 

Yield:

 

3.426%

 

 

 

Redemption:

 

At any time at the greater of par or a discount rate of Treasury plus 20 basis points

 

 

 

Trade Date:

 

May 26, 2010

 

 

 

Expected Settlement Date:

 

June 1, 2010 (T+3)

 

 

 

CUSIP:

 

893526DH3

 

 

 

ISIN:

 

US893526DH35

 

 

 

Anticipated Ratings:

 

A3 by Moody’s Investors Service, Inc.
A- by Standard & Poor’s Ratings Services
A by DBRS Limited

 

 

 

Joint Bookrunners:

 

Deutsche Bank Securities Inc.
HSBC Securities (USA) Inc.

 

 

 

Co-Managers:

 

Citigroup Global Markets Inc.
J.P. Morgan Securities Inc.
Mitsubishi UFJ Securities (USA), Inc.
Mizuho Securities USA Inc.
SG Americas Securities, LLC
UBS Securities LLC

 

Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

 

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which

 

1


 

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 (800) 503-4611 or HSBC Securities (USA) Inc. toll free at (866) 811-8049.

 

2


 

Filed Pursuant to Rule 433

Registration No. 333-163641

May 26, 2010

 

U.S.$750,000,000

TransCanada PipeLines Limited

 

6.100% Senior Notes due 2040

 

Issuer:

 

TransCanada PipeLines Limited

 

 

 

Security:

 

6.100% Senior Notes due 2040

 

 

 

Size:

 

U.S.$750,000,000

 

 

 

Maturity Date:

 

June 1, 2040

 

 

 

Coupon:

 

6.100%

 

 

 

Interest Payment Dates:

 

June 1 and December 1, commencing December 1, 2010

 

 

 

Price to Public:

 

99.686%

 

 

 

Benchmark Treasury:

 

4.625% due February 15, 2040

 

 

 

Benchmark Treasury Yield:

 

4.123%

 

 

 

Spread to Benchmark Treasury:

 

+ 200 basis points

 

 

 

Yield:

 

6.123%

 

 

 

Redemption:

 

At any time at the greater of par or a discount rate of Treasury plus 30 basis points

 

 

 

Trade Date:

 

May 26, 2010

 

 

 

Expected Settlement Date:

 

June 1, 2010 (T+3)

 

 

 

CUSIP:

 

893526 DJ9

 

 

 

ISIN:

 

US893526DJ90

 

 

 

Anticipated Ratings:

 

A3 by Moody’s Investors Service, Inc.
A- by Standard & Poor’s Ratings Services
A by DBRS Limited

 

 

 

Joint Bookrunners:

 

Deutsche Bank Securities Inc.
HSBC Securities (USA) Inc.

 

 

 

Co-Managers:

 

Citigroup Global Markets Inc.
J.P. Morgan Securities Inc.
Mitsubishi UFJ Securities (USA), Inc.
Mizuho Securities USA Inc.
SG Americas Securities, LLC
UBS Securities LLC

 

Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

 

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which

 

3


 

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 (800) 503-4611 or HSBC Securities (USA) Inc. toll free at (866) 811-8049.

 

4

 

 -----END PRIVACY-ENHANCED MESSAGE-----