On August 8, 2016, Pembina announced it has agreed to issue $500 mm of 10-year senior unsecured mediumterm notes, which have a fixed coupon of 3.71% per annum, paid semi-annually, and mature on August 11, 2026. Pembina had previously stated that it planned to raise ~$950 mm in term debt in 2016/17, and this is its first major note issue of 2016. Management expects the offering to close on August 11, 2016

09 Aug 2016
ANNOUNCES $500 MM PUBLIC NOTE OFFERING

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ANNOUNCES $500 MM PUBLIC NOTE OFFERING
Pembina Pipeline Corporation (PPL:TSE) | 0 0 0.8% | Mkt Cap: 20,478m
- Published:
09 Aug 2016 -
Author:
Steven I. Paget -
Pages:
2 -
On August 8, 2016, Pembina announced it has agreed to issue $500 mm of 10-year senior unsecured mediumterm notes, which have a fixed coupon of 3.71% per annum, paid semi-annually, and mature on August 11, 2026. Pembina had previously stated that it planned to raise ~$950 mm in term debt in 2016/17, and this is its first major note issue of 2016. Management expects the offering to close on August 11, 2016