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0 0 0 0.00537161420204971 0.00384333821376283 0.0203147877013177 0.000366032210834611 -0.00164714494875542
Stock impact report

TCPA: A 6.25% Junior Subordinated Notes IPO From TC Energy [Seeking Alpha]

TC Energy Corporation (TRP) 
Last tc energy corporation earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: transcanada.com/en/investors
Company Research Source: Seeking Alpha
TRP maintains strong dividend coverage and a stable credit outlook, but the senior debt in the capital structure is considerable. Compared to peers, TCPA offers a slightly better yield but, according to me, it lacks appeal versus deeply discounted baby bonds for both short- and long-term investors. Given current market conditions and peer alternatives, TCPA does not present an attractive investment opportunity for me at the moment. JHVEPhoto/iStock Editorial via Getty Images Co-authored by Relative Value. Overview This is our next in line article, in which we turn our attention to a recent exchange-listed debt issue: TC Energy Corporation's ( TRP ) 6.25% Junior Subordinated Notes ( More on my IG service Trade With Beta At Trade With Beta, we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial and ask any question in our chat room full of sophisticated traders and investors. This article was written by Show less Read more
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