TC Energy Provides Conversion Right and Dividend Rate Notice for Series 1 and 2 Preferred Shares
TC Energy Provides Conversion Right and Dividend Rate Notice for Series 1 and 2 Preferred Shares
2. to convert, on a one-for-one basis, any or all of their Series 1 Shares into Series 2 Shares and receive a floating rate quarterly dividend, andTC Energy provides conversion right and dividend rate notice for Series 1 and 2 preferred shares
tc energy提供了关于系列1和系列2优先股的转换权和股息率通知
CALGARY, Alberta, Dec. 02, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) today announced that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 1 (Series 1 Shares) and Cumulative Redeemable First Preferred Shares, Series 2 (Series 2 Shares) on Dec. 31, 2024. As a result, subject to certain conditions:
卡尔加里，阿尔伯塔省，2024年12月02日（环球新闻通讯）—— 新闻发布 - tc energy公司（tsx:trp）（NYSE:TRP）（tc energy）今天宣布，它不打算在2024年12月31日赎回其可赎回累积优先股系列1（系列1股份）和可赎回累积优先股系列2（系列2股份）。因此，依据某些条件：
(a) the holders of Series 1 Shares have the right to choose one of the following options with regard to their shares:
（a）系列1股份的持有者有权就其股份选择以下一个期权：
1. to retain any or all of their Series 1 Shares and continue to receive a fixed rate quarterly dividend; or
1. 保留其所有或部分系列1股份，并继续获得固定利率的季度股息；或者
2. to convert, on a one-for-one basis, any or all of their Series 1 Shares into Series 2 Shares and receive a floating rate quarterly dividend, and
2. 按一对一的比例，将其所有或部分系列1股份转换为系列2股份，并获得浮动利率的季度股息，
(b) the holders of Series 2 Shares have the right to choose one of the following options with regard to their shares:
(b) 第二系列股份的持有者有权选择以下选项之一以处理其股份：
1. to retain any or all of their Series 2 Shares and continue to receive a floating rate quarterly dividend; or
1. 保留其所有或部分第二系列股份，并继续获得浮动利率的季度股息；或
2. to convert, on a one-for-one basis, any or all of their Series 2 Shares into Series 1 Shares and receive a fixed rate quarterly dividend.
2. 以一对一的方式将其所有或部分第二系列股份转换为第一系列股份，并获得固定利率的季度股息。
Should a holder of Series 1 Shares choose to retain their shares, such shareholders will receive the new annual fixed dividend rate applicable to Series 1 Shares of 4.939 per cent for the five-year period commencing Dec. 31, 2024 to, but excluding, Dec. 31, 2029. Should a holder of Series 1 Shares choose to convert their shares to Series 2 Shares, holders of Series 2 Shares will receive the floating quarterly dividend rate applicable to the Series 2 Shares of 5.401 per cent for the three-month period commencing Dec. 31, 2024 to, but excluding, Mar. 31, 2025. The floating dividend rate will be reset every quarter.
如果第一系列股份的持有者选择保留其股份，则该等股东将在2024年12月31日至2029年12月31日（不包括于此）五年期间适用于第一系列股份的新年固定股息利率为4.939%。如果第一系列股份的持有者选择将其股份转换为第二系列股份，则第二系列股份的持有者将在2024年12月31日至2025年3月31日（不包括于此）三个月期间适用于第二系列股份的浮动季度股息利率为5.401%。浮动股息利率将每季度重设。
Should a holder of Series 2 Shares choose to retain their shares, such shareholders will receive the floating quarterly dividend rate applicable to Series 2 Shares of 5.401 per cent for the three-month period commencing Dec. 31, 2024 to, but excluding, Mar. 31, 2025. The floating dividend rate will be reset every quarter. Should a holder of Series 2 Shares choose to convert their shares to Series 1 Shares, holders of Series 1 Shares will receive the new fixed quarterly dividend rate applicable to the Series 1 Shares of 4.939 per cent for the five-year period commencing Dec. 31, 2024 to, but excluding, Dec. 31, 2029.
如果持有系列2股的股东选择保留他们的股份，这些股东将在2024年12月31日至2025年3月31日（不包括3月31日）期间获得适用于系列2股的浮动季度股息率5.401%。浮动股息率将在每个季度重置。如果系列2股的股东选择将他们的股份转换为系列1股，系列1股的持有者将在2024年12月31日至2029年12月31日（不包括12月31日）期间获得适用于系列1股的新固定季度股息率4.939%。
Beneficial owners of Series 1 Shares and Series 2 Shares who want to exercise their right of conversion should communicate as soon as possible with their broker or other nominee and ensure that they follow their instructions in order to meet the deadline to exercise such right, which is 5 p.m. (EST) on Dec. 16, 2024. Any notices received after this deadline will not be valid. As such, it is recommended that this be done well in advance of the deadline in order to provide the broker or other nominee with time to complete the necessary steps.
希望行使转换权利的系列1股和系列2股的实益拥有者应尽快与其经纪人或其他被提名人联系，并确保按照其指示进行操作，以便在2024年12月16日晚上5点（东部标准时间）之前满足行使该权利的截止日期。截止日期后收到的任何通知均无效。因此，建议在截止日期之前尽早进行，以便为经纪人或其他被提名人提供完成必要步骤的时间。
Beneficial owners of Series 1 or Series 2 Shares who do not provide notice or communicate with their broker or other nominee by the deadline will retain their respective Series 1 Shares or Series 2 Shares, as applicable, and receive the new dividend rate applicable to such shares, subject to the conditions stated below.
未在截止日期之前提供通知或与其经纪人或其他被提名人沟通的系列1或系列2股的实益拥有者将保留各自的系列1股或系列2股，并获得适用于这些股份的新股息率，具体情况以以下条件为准。
The foregoing conversions are subject to the conditions that: (i) if TC Energy determines that there would be less than one million Series 1 Shares outstanding after Dec. 31, 2024, then all remaining Series 1 Shares will automatically be converted into Series 2 Shares on a one-for-one basis on Dec. 31, 2024, and (ii) if TC Energy determines that there would be less than one million Series 2 Shares outstanding after Dec. 31, 2024, then all of the remaining outstanding Series 2 Shares will automatically be converted into Series 1 Shares on a one-for-one basis on Dec. 31, 2024. In either case, TC Energy will issue a news release to that effect no later than Dec. 23, 2024.
上述转换受以下条件的限制：(i) 如果tc energy确定在2024年12月31日后系列1股的流通股数少于一百万，则所有剩余的系列1股将在2024年12月31日自动按1:1的比例转换为系列2股；(ii) 如果tc energy确定在2024年12月31日后系列2股的流通股数少于一百万，则所有剩余的系列2股将在2024年12月31日自动按1:1的比例转换为系列1股。在任何情况下，tc energy将于2024年12月23日之前发布相关的资讯。
Holders of Series 1 Shares and Series 2 Shares will have the opportunity to convert their shares again on Dec. 31, 2029 and in every fifth year thereafter as long as the shares remain outstanding. For more information on the terms of, and risks associated with an investment in the Series 1 Shares and the Series 2 Shares, please see the prospectus supplement dated Sept. 22, 2009 which is available on sedarplus.ca or on our website.
系列1股和系列2股的持有者将有机会在2029年12月31日及此后每五年转换一次其股份，只要这些股份仍然有效。有关系列1股和系列2股投资条款及相关风险的更多信息，请参阅2009年9月22日的招股说明书补充，您可以在sedarplus.ca或我们的网站上获取。
About TC Energy
We're a team of 6,500+ energy problem solvers connecting the world to the energy it needs. Our extensive network of natural gas infrastructure assets is one-of-a-kind. We seamlessly move, generate and store energy and deliver it to where it is needed most, to homes and businesses in North America and across the globe through LNG exports. Our natural gas assets are complemented by our strategic ownership and low-risk investments in power generation.
关于TC Energy
我们是一个由6500多名能源问题解决者组成的团队，为世界提供所需的能源。我们庞大的天然气基础设施资产网络独一无二。我们无缝移动、生成和储存能源，并将其输送到最需要的地方，服务于北美及全球的家庭和企业，以LNG出口为媒介。我们的天然气资产得益于我们在发电领域的战略持有和低风险投资。
TC Energy's common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.
TC Energy的普通股在多伦多（TSX）和纽约（NYSE）证券交易所交易，股票代码为TRP。欲了解更多信息，请访问TCEnergy.com。
FORWARD-LOOKING INFORMATION
This release contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as "anticipate", "expect", "believe", "may", "will", "should", "estimate", "intend" or other similar words). Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management's assessment of TC Energy's and its subsidiaries' future plans and financial outlook. All forward-looking statements reflect TC Energy's beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. As actual results could vary significantly from the forward-looking information, you should not put undue reliance on forward-looking information and should not use future-oriented information or financial outlooks for anything other than their intended purpose. We do not update our forward-looking information due to new information or future events, unless we are required to by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to the most recent Quarterly Report to Shareholders and Annual Report filed under TC Energy's profile on SEDAR+ at and with the U.S. Securities and Exchange Commission at www.sec.gov.
前瞻性信息
本发布中包含一些前瞻性信息，可能涉及重要风险和不确定性（这些声明通常伴随着“预计”、“期望”、“相信”、“可能”、“将”、“应当”、“估计”、“打算”或其他类似单词）。本文件中的前瞻性语句旨在为TC能源公司的股东和潜在投资者提供有关TC能源及其子公司的信息，包括管理层对TC能源及其子公司未来计划和财务前景的评估。所有前瞻性语句反映了tc能源的信念和假设，这些信念和假设基于发布时可获取的信息，因此不能保证未来业绩。由于实际业绩可能与前瞻性信息大相径庭，因此您不应该过度依赖前瞻性信息，也不应该将面向未来的信息或财务展望用于其他用途。除非依法要求，否则我们不会更新前瞻性信息。关于所做的假设以及可能导致实际业绩与预期业绩不同的风险和不确定性的额外信息，请参阅最近的股东季度报告和在 TC 能源公司+SEDAR的档案下已提交的年度报告，并在美国证券交易委员会网站www.sec.gov.上提交。
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Media Inquiries:
Media Relations
media@tcenergy.com
403-920-7859 or 800-608-7859
媒体查询：
媒体关系
media@tcenergy.com
403-920-7859或800-608-7859
Investor & Analyst Inquiries:
Gavin Wylie / Hunter Mau
investor_relations@tcenergy.com
403-920-7911 or 800-361-6522
投资者和分析师查询:
Gavin Wylie / Hunter Mau
investor_relations@tcenergy.com
403-920-7911或800-361-6522
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