TC Energy Pref B

TRP.PR.B-T

Analysis and Opinions about TRP.PR.B-T

Signal
Opinion
Expert
COMMENT
COMMENT
September 8, 2014

Preferred Series B. 5-year reset that expires in 2015. On these resets, in 5 years time, the company will either redeem it, or it will go to Reset and the company has the option to go fixed or floating at the predetermined reset spread over a 5-year Canada for the fixed portion, or that same spread over a T-Bill. It will run for another 5 years as a floater, and will probably float down. The reset spread that was 1st established 4 years ago was only 128 basis points. That is not really big on a five-year bond. He tends to shy away from these things.

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Preferred Series B. 5-year reset that expires in 2015. On these resets, in 5 years time, the company will either redeem it, or it will go to Reset and the company has the option to go fixed or floating at the predetermined reset spread over a 5-year Canada for the fixed portion, or that same spread over a T-Bill. It will run for another 5 years as a floater, and will probably float down. The reset spread that was 1st established 4 years ago was only 128 basis points. That is not really big on a five-year bond. He tends to shy away from these things.

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TC Energy Pref B(TRP.PR.B-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for TC Energy Pref B is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

TC Energy Pref B(TRP.PR.B-T) Frequently Asked Questions

What is TC Energy Pref B stock symbol?

TC Energy Pref B is a OTC stock, trading under the symbol TRP.PR.B-T on the (). It is usually referred to as or TRP.PR.B-T

Is TC Energy Pref B a buy or a sell?

In the last year, there was no coverage of TC Energy Pref B published on Stockchase.

Is TC Energy Pref B a good investment or a top pick?

TC Energy Pref B was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for TC Energy Pref B.

Why is TC Energy Pref B stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is TC Energy Pref B worth watching?

In the last year, there was no coverage of TC Energy Pref B published on Stockchase.

What is TC Energy Pref B stock price?

On , TC Energy Pref B (TRP.PR.B-T) stock closed at a price of $.