BRIEF-Transcanada announces $4.20 bln bought deal offering of subscription receipts

Thu Mar 17, 2016 6:00pm EDT
 
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March 17 (Reuters) - Transcanada Corp

* Says underwriters to buy from transcanada and sell to public 92.0 million subscription receipts at a price of $45.75 per subscription receipt

* says proceeds from offering to be used to finance a portion of purchase price for acquisition of columbia pipeline group Source text for Eikon: Further company coverage: