| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers P > Headlines for Pembina Pipeline Corp. > News item |
S&P rates Pembina Pipeline notes BBB
S&P said it assigned a BBB rating to Pembina Pipeline Corp.'s C$800 million senior unsecured medium-term notes issuance.
The issuance will be issued in two tranches consisting of C$400 million in series 12 medium-term notes due in 2029 and C$400 million in series 13 medium-term notes due in 2049.
The proceeds will be used to repay short-term indebtedness under its credit facilities, fund the company's capital programs and for general corporate purposes, S&P said.
Pembina provides transportation and midstream services for the energy industry in North America, the agency said.
S&P said the BBB long-term issuer credit rating and stable outlook on the company are unchanged.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.