It varies. It's typically tied to interest rates and what you might see in the markets.
The last borrowings we did were in the neighbourhood of 5.5% to 5.75%—something in that range. It changes every time we do a draw.
On October 21st, 2024. See this statement in context.
October 21st, 2024 / 11:50 a.m.
Chief Executive Officer, Trans Mountain Corporation
It varies. It's typically tied to interest rates and what you might see in the markets.
The last borrowings we did were in the neighbourhood of 5.5% to 5.75%—something in that range. It changes every time we do a draw.
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