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NORTHERN BORDER PIPELINE COMPANY ANNOUNCES EXTENSION OF SHARE EXCHANGE
FOR IMMEDIATE RELEASE: Monday, February 14, 2000
OMAHA - Northern Border Pipeline Company announced today that it has extended to 5:00 p.m., EST, Feb. 18, 2000 its offer to exchange up to $200,000,000 of new 7.75% Senior Notes due 2009, which have been registered for public trading, for a like amount of outstanding notes which were originally sold under Rule 144A. As of 5:00 P.M. EST, Feb. 11, 2000, the original expiration deadline, $199 million of the notes had been tendered for exchange.
The Exchange Agent for the exchange offer is Bank One Trust Company, National Association, 1 Bank One Plaza, Suite 1L1-0126, Chicago, Illinois 60670.
Northern Border Pipeline Company is a general partnership, which owns and operates a 1,214-mile large diameter natural gas transportation pipeline. Northern Border Partners, L.P. owns a 70 percent general partner interest in Northern Border Pipeline. The remaining 30 percent interest in Northern Border Pipeline is owned by TC PipeLines, LP.
Click here to download this press release in Microsoft Word format.
For additional information please contact:
Beth Jensen
(402) 398-7806
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