Pembina Pipeline Closes $200 Million Note Offering

Pembina Pipeline ( (TSE:PPL) ) has issued an announcement.

On June 6, 2025, Pembina Pipeline Corporation announced the closing of a $200 million offering of 5.95% Fixed-to-Fixed Rate Subordinated Notes, Series 2, due in 2055. The proceeds will be used to redeem outstanding Series 19 Class A Preferred Shares and for general corporate purposes. The company also plans to seek consent from holders of its Series 1 Notes to amend the indenture, allowing for an exchange to Series 3 Notes, which would rank equally with the new Series 2 Notes in certain bankruptcy scenarios. This strategic financial maneuver aims to optimize Pembina’s capital structure and enhance its market positioning.

The most recent analyst rating on (TSE:PPL) stock is a Buy with a C$61.00 price target. To see the full list of analyst forecasts on Pembina Pipeline stock, see the TSE:PPL Stock Forecast page.

Spark’s Take on TSE:PPL Stock

According to Spark, TipRanks’ AI Analyst, TSE:PPL is a Outperform.

Pembina Pipeline’s overall stock score reflects its strong financial performance and high dividend yield, bolstered by a positive earnings outlook. Despite some caution from technical indicators, the company’s robust profitability and strategic growth initiatives provide a solid foundation for future growth, justifying a favorable stock score.

To see Spark’s full report on TSE:PPL stock, click here.

More about Pembina Pipeline

Pembina Pipeline Corporation is a leading energy transportation and midstream service provider in North America, with over 70 years of experience. The company owns a vast network of assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure, logistics services, and an export terminals business. Pembina aims to provide safe and reliable energy solutions, supporting a sustainable future while benefiting customers, investors, employees, and communities.

Average Trading Volume: 3,608,302

Technical Sentiment Signal: Buy

Current Market Cap: C$30.03B

See more data about PPL stock on TipRanks’ Stock Analysis page.