Pembina Pipeline (TSE:PPL) has released an update.
Pembina Pipeline Corporation has announced a $950 million note offering, with the proceeds aimed at repaying debt, redeeming part of an existing note series, and general corporate purposes. The offering, set to close on June 28, 2024, features three tranches with varying maturities and fixed coupons, sold under a previously established shelf prospectus. Pembina, a mainstay in North America’s energy sector for seven decades, continues to focus on connecting producers and consumers while promoting sustainable energy solutions.
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