Columbia Pipelines Completes $1 Billion Offering of Senior Notes

Paul, Weiss advised the initial purchasers of Columbia Pipelines Operating Company LLC’s offering of $1 billion 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, Morgan Stanley and Wells Fargo Securities acted as representatives of the initial purchasers.

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