TransCanada Said to Raise C$4.42 Billion in Record Sale

  • Firm's sale fuels best start for energy equity financings
  • TransCanada using proceeds to help pay for Columbia Pipeline

TransCanada Corp. raised C$4.42 billion ($3.37 billion) in the largest share sale in Canadian history, according to people familiar with the offering, sending energy financings in the country to the best start in at least two decades.

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