By Wendy Van Sickle
Columbus, Ohio, Aug. 8 – Pembina Pipeline Corp. priced C$500 million of 10-year 3.71% senior unsecured medium-term notes, according to a press release.
The notes mature on Aug. 11, 2026.
Pembina Pipeline intends to use the proceeds from the offering to repay short-term indebtedness under its credit facilities, as well as to fund its capital program and for other general corporate purposes.
The Calgary, Alta.-based transportation and midstream service provider serves the North American energy industry.
| Issuer: | Pembina Pipeline Corp.
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| Amount: | C$500 million, 6 million shares
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| Maturity: | Aug. 11, 2026
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| Securities: | Senior unsecured medium-term notes
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| Coupon: | 3.71%
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| Pricing date: | Aug. 8
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| Settlement date: | Aug. 11
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