Texas Eastern Transmission Corp., founded in 1942 and based in Houston, Texas, is a prominent pipeline transport company dedicated to the management and transportation of natural gas across the United States. The company primarily provides natural gas transmission services, playing a pivotal role in energy infrastructure and supply reliability.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SEP 3.50% 2028-01-15 USDTexas Eastern Transmission Corp. | United States | 2028-01-15 | 3.500 | 4.12 |
| SEP 3.50% 2028-01-15 USDTexas Eastern Transmission Corp. | United States | 2028-01-15 | 3.500 | 4.16 |
| SEP 4.15% 2048-01-15 USDTexas Eastern Transmission Corp. | United States | 2048-01-15 | 4.150 | 5.73 |
| SEP 4.15% 2048-01-15 USDTexas Eastern Transmission Corp. | United States | 2048-01-15 | 4.150 | 5.74 |
| SEP 7.00% 2032-07-15 USDTexas Eastern Transmission Corp. | United States | 2032-07-15 | 7.000 | 4.62 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Texas Eastern first began issuing bonds in the mid-1980s, establishing a track record for financing major infrastructure projects. Noteworthy issuances include a $500 million bond in 2015, which was designated for network expansion and enhancements. Currently, the yield on Texas Eastern's bonds is competitive within the industry, reflecting investor confidence, and the bonds are structured with a mix of fixed and floating interest rates to manage market volatility. Recent news has highlighted the company's commitment to sustainability, reinforcing its financial position and appeal to socially responsible investors.