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Published on 6/3/2016 in the Prospect News Canadian Bonds Daily and Prospect News Private Placement Daily.

New Issue: Keyera to place C$60 million of notes with Prudential Capital

By Lisa Kerner

Charlotte, N.C., June 3 – Keyera Corp. agreed to issue C$60 million of long-term notes under an uncommitted private shelf agreement with Prudential Capital Group, according to a news release.

The notes will be issued as follows:

• C$30 million of 3.5% notes due June 16, 2023; and

• C$30 million of 4.15% notes due June 16, 2026.

Interest will be paid semiannually in arrears.

Keyera is a Calgary, Alta., natural gas midstream operator.

Issuer:Keyera Corp.
Issue:Notes
Pricing date:June 3
Settlement date:June 16
Distribution:Private placement
Seven-year notes
Amount:C$30 million
Coupon:3.5%
Maturity:June 16, 2023
Ten-year notes
Amount:C$30 million
Coupon:4.15%
Maturity:June 16, 2026

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