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BRIEF-Transcanada says conditions for acquisition of Columbia Pipeline have been satisfied

Published 2016-06-30, 09:10 a/m
© Reuters.  BRIEF-Transcanada says conditions for acquisition of Columbia Pipeline have been satisfied
TRP
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June 30 (Reuters) - Transcanada Corp TRP.TO
* Transcanada announces closing conditions satisfied for
acquisition of Columbia pipeline group
* Says Transcanada reinstates common share issuance from
treasury under dividend reinvestment plan
* Transcanada says board has approved issuance of common
shares from treasury at a two per cent discount under
Transcanada's dividend reinvestment plan
* Says amounts reinvested will be utilized to assist in
funding company's $25 billion near-term growth program
* Says has a bridge-term loan credit facility in place for
up to US$6.9 billion with a syndicate of lenders for a period of
24 months

Source text for Eikon: ID:nMKWjQnZqa
Further company coverage: TRP.TO

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