Columbia Pipelines Completes $800 Million Offering of Senior Notes

Paul, Weiss advised the initial purchasers of Columbia Pipelines Operating Company LLC’s offering of $400 million aggregate principal amount of notes, and the initial purchasers of Columbia Pipelines Holding Company LLC’s concurrent offering of $400 million aggregate principal amount of notes. The companies, indirect subsidiaries of TC Energy, 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. Mizuho, Citigroup and SMBC Nikko acted as representatives of the initial purchasers.

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