Pembina Pipeline Corporation Announces Closing of $225 Million Subordinated Note Offering and Redemption of Series 9 Preferred Shares

Core Viewpoint - Pembina Pipeline Corporation has successfully closed its offering of $225 million in 5.95% Fixed-to-Fixed Rate Subordinated Notes, Series 2, due June 6, 2055 [1] Group 1 - The total principal amount of the Series 2 Notes is $225 million [1] - The interest rate for the Series 2 Notes is set at 5.95% [1] - The offering was conducted through a syndicate of underwriters, co-led by CIBC Capital Markets, BMO Capital Markets, and Scotiabank [1]