UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934
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Item 8.01 Other Events.
On January 21, 2020, TC PipeLines, LP (the "Partnership") issued a news release (the "News Release") announcing a fourth quarter 2019 cash distribution of $0.65 per common unit payable on February 14, 2020 to common unitholders of record on January 31, 2020. A copy of the News Release is attached as Exhibit 99.1 to this report and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 | News Release of TC PipeLines, LP, dated January 21, 2020, reporting the Partnership's fourth quarter 2019 cash distribution. | |
| 104 | Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document. |
| 2 |
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.
| TC PipeLines, LP | ||
| by: TC PipeLines GP, Inc., | ||
| its general partner | ||
| By: | /s/ Jon Dobson | |
| Jon Dobson | ||
| Secretary | ||
Dated: January 22, 2020
| 3 |
EXHIBIT INDEX
| Exhibit No. | Description | |
| 99.1 | News Release of TC PipeLines, LP, dated January 21, 2020, reporting the Partnership's fourth quarter 2019 cash distribution. |
| 4 |
Exhibit 99.1
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NewsRelease |
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TC PipeLines, LP announces fourth quarter 2019 cash distribution
HOUSTON, January 21, 2020 (GLOBE NEWSWIRE) - 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 2019 cash distribution of $0.65 per common unit. The distribution is unchanged from the distributions declared for the previous three quarters of 2019.
This cash distribution is the 83rd consecutive quarterly distribution paid by the Partnership and is payable on February 14, 2020 to unitholders of record at the close of business on January 31, 2020.
About TC PipeLines, LP
TC PipeLines, LP is a Delaware master limited partnership with interests in eight federally regulated U.S. interstate natural gas pipelines which serve markets in the Western, Midwestern and Northeastern United States. The Partnership is managed by its general partner, TC PipeLines GP, Inc., a subsidiary of TC Energy 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:
Hejdi Carlsen / Jaimie Harding
403.920.7859 or 800.608.7859
Unitholder and Analyst Inquiries:
Rhonda Amundson
877.290.2772
investor_relations@tcpipelineslp.com