What are the two maturity terms and sizes of Coastal GasLink's planned C$1 billion bond sale?

Coastal GasLink is preparing a two-part Canadian-dollar bond sale totaling C$1 billion: the shorter portion is approximately C$300 million with a maturity of 11.25 years, and the longer portion is about C$700 million maturing in roughly 19 years.

How does the pricing of Coastal GasLink's new bonds compare to Canadian government benchmarks?

Initial pricing discussions indicate the shorter-term bond is priced at around 1.0 percentage point above Canadian government benchmarks, while the longer-term bond is discussed at approximately 1.15 percentage points above those benchmarks.

Coastal GasLink Eyes C$1 Billion Canadian Bond Sale in Two Parts

Jun 3, 2026

Coastal GasLink plans a C$1 billion two-part bond sale to fund its natural gas pipeline connecting Western Canada to the Shell-led LNG Canada terminal. The financing supports operations as the LNG Canada consortium considers expanding the facility's capacity.

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