Workflow
Series 2
icon
Search documents
Pembina Pipeline Corporation Announces Closing of $225 Million Subordinated Note Offering and Redemption of Series 9 Preferred Shares
Businesswire· 2025-10-10 20:30
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]
Pembina Pipeline Corporation Announces $225 Million Subordinated Note Offering
Businesswire· 2025-10-08 21:00
Core Points - Pembina Pipeline Corporation announced the issuance of $225 million aggregate principal amount of 5.95% Fixed-to-Fixed Rate Subordinated Notes, Series 2, due June 6, 2055 [1] - This issuance is a further offering of Series 2 Notes that were previously issued on June 6, 2025, in the amount of $200 million [1] Financial Details - The Series 2 Notes carry a fixed interest rate of 5.95% [1] - The total amount raised from the current offering is $225 million [1] - The maturity date for the new notes is set for June 6, 2055 [1]