BRIEF-TC Pipelines LP's general partner undertakes MLP strategy review

Fri Jul 1, 2016 9:21am EDT
 
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July 1 (Reuters) - TC Pipelines LP

* TC Pipelines LP's general partner undertakes MLP strategy review

* Says decision on MLP strategy is expected to be communicated by end of 2016

* TC Pipelines LP says expects to recommend to board an increase to partnership's quarterly distribution consistent with historical guidance

* TC Pipelines LP says it has been advised that parent of TransCanada has retained financial advisor to assist in developing TransCanada's MLP strategy Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)