Columbia Pipelines Completes $5.6 Billion Offering of Senior Notes

Paul, Weiss advised the initial purchasers in a Columbia Pipelines Operating Company LLC offering of $4.6 billion aggregate principal amount of notes and the initial purchasers in Columbia Pipelines Holding Company LLC’s offering of $1 billion aggregate principal amount of notes. Columbia Pipelines Operating Company and Columbia Pipelines Holding Company own 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, and are indirect subsidiaries of TC Energy. TD Securities, Citigroup, J.P. Morgan and Mizuho acted as representatives of the initial purchasers.

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