CALGARY, Alberta, Oct. 01, 2024 (GLOBE NEWSWIRE) -- South Bow Corporation (South Bow) is launching as an independent company after completing its planned separation from TC Energy Corporation (TC Energy). South Bow's common shares will commence trading on the Toronto Stock Exchange (TSX) on Oct. 2, 2024, and are expected to commence trading on the New York Stock Exchange (NYSE) on or about Oct. 8, 2024, under the ticker symbol SOBO.

'Today is an exciting day for South Bow as we start a new chapter of safely and reliably delivering energy and forging progress as a critical North American energy infrastructure company,' said Bevin Wirzba, South Bow's President and Chief Executive Officer. 'We are confident that as a standalone, publicly traded company, we will unlock significant value from our unrivalled market position. Supported by strong business fundamentals and a robust backdrop for crude oil supply and demand, we are focused on creating long-term value for our customers, communities, employees, and shareholders.'