UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
___________
FORM 8-K
CURRENT REPORT
Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported)
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January 23, 2017
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TC PipeLines, LP
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(Exact name of registrant as specified in its charter)
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Delaware
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001-35358
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52-2135448
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(State or other jurisdiction
of incorporation) |
(Commission File
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(IRS Employer
Identification No.) |
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700 Louisiana Street, Suite 700
Houston, TX
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77002-2761 |
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(Address of principal executive offices)
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(Zip Code)
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Registrant's telephone number, including area code
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(877) 290-2772
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(Former name or former address if changed since last report)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
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☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01 Other Events
On January 23, 2017, TC PipeLines, LP (the "Partnership") issued a press release announcing a fourth quarter 2016 cash distribution of $0.94 per common unit payable on February 14, 2017 to common unitholders of record on February 2, 2017. A copy of the press release is attached as Exhibit 99.1 to this report and incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No.
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Description
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99.1
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Press Release of TC PipeLines, LP, dated January 23, 2017, reporting the Partnership's fourth quarter 2016 cash distribution.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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TC PipeLines, LP
by: TC PipeLines GP, Inc.,
its general partner
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By: /s/ Jon Dobson
Jon Dobson
Secretary
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Dated: January 23, 2017
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EXHIBIT INDEX
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Exhibit No.
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Description
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99.1
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Press Release of TC PipeLines, LP, dated January 23, 2017, reporting the Partnership's fourth quarter 2016 cash distribution.
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Exhibit 99.1
NewsRelease
TC PipeLines, LP Announces Fourth Quarter 2016 Cash Distribution
HOUSTON, TEXAS – (Marketwired – Jan. 23, 2017) – TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced that the board of directors of TC PipeLines GP, Inc., its general partner, declared the Partnership's fourth quarter 2016 cash distribution of $0.94 per common unit. The distribution is unchanged from the third quarter 2016 distribution and represents a six percent increase from the $0.89 per common unit distribution paid with respect to fourth quarter 2015.
This cash distribution is the 71st consecutive quarterly distribution paid by the Partnership and is payable on February 14, 2017 to unitholders of record at the close of business on February 2, 2017.
TC PipeLines, LP is a Delaware master limited partnership with interests in seven federally regulated U.S. interstate natural gas pipelines which serve markets in the Western, Midwestern and Eastern United States. The Partnership is managed by its general partner, TC PipeLines GP, Inc., a subsidiary of TransCanada Corporation (NYSE: TRP). For more information about TC PipeLines, LP, visit the Partnership's website at www.tcpipelineslp.com.
This release serves as qualified notice to nominees under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100 percent of TC PipeLines, LP's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of the Partnership's distributions to foreign investors are subject to federal income tax withholding at the highest effective tax rate for individuals or corporations, as applicable. Nominees are treated as the withholding agents responsible for withholding distributions received by them on behalf of foreign investors.
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Media Inquiries:
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Mark Cooper/James Millar
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403.920.7859
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800.608.7859
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Unitholder and Analyst Inquiries:
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Rhonda Amundson
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877.290.2772
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investor_relations@tcpipelineslp.com
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