Pembina Pipeline Corp. offered CA$600 million of senior unsecured medium-term notes, the company said June 11.
The offer was made in two tranches—the CA$500 million Series 6 notes will mature June 15, 2027. The CA$100 million tranche was made through the reopening of the 4.75% Series 3 medium-term notes due April 30, 2043.
The offer is scheduled to close June 16, and net proceeds will repay short-term credit facility debt and support the capital program and other general corporate purposes.
Both series of notes are being offered through a syndicate of dealers.
Pembina Pipeline Corp. is based in Calgary, Alberta.
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