TC Energy Corporation & TransCanada PipeLines Limited: Rating Report

On June 3, 2022, DBRS Limited (DBRS Morningstar) confirmed TC Energy Corporation's Preferred Shares – Cumulative rating at Pfd-2 (low). DBRS Morningstar also confirmed TransCanada PipeLines Limited's Issuer Rating and Unsecured Debentures & Notes rating at A (low), Junior Subordinated Notes at BBB, and Commercial Paper (CP) rating at R-1 (low). All trends are Stable.