Northern Courier Pipeline LP, established in 2001 and headquartered in Calgary, Alberta, is a key player in the midstream energy sector, focused on the transportation of crude oil and natural gas. The company specializes in the development and operation of pipelines, delivering reliable services to major markets across Canada and the United States.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NORCOU 3.37% 2042-06-30 CADNorthern Courier Pipeline LP | Canada | 2042-06-30 | 3.365 | 4.28 |
| NORCOU 3.37% 2042-06-30 CADNorthern Courier Pipeline LP | Canada | 2042-06-30 | 3.365 | 4.28 |
| NORCOU 3.37% 2042-06-30 CADNorthern Courier Pipeline LP | Canada | 2042-06-30 | 3.365 | 4.28 |
| NORCOU 3.37% 2042-06-30 CADNorthern Courier Pipeline LP | Canada | 2042-06-30 | 3.365 | 4.28 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The company entered the bond market in 2010, seeking to fund its expansion projects and optimize its capital structure. Notable issuances include a $300 million bond in 2015 that financed the construction of a critical pipeline segment, which was well-received and significantly oversubscribed. Currently, Northern Courier Pipeline's bonds exhibit yields competitive with industry averages, offering attractive returns to investors, particularly in the context of their recent initiatives to enhance operational efficiency and maintain liquidity.