Pembina Pipeline宣布发行2.25亿美元的次级票据

2025-10-09 05:09

Pembina Pipeline (NYSE:PBA) announced on Wednesday that it has agreed to issue $225 million aggregate principal amount of 5.95% Fixed-to-Fixed Rate subordinated notes, Series 2 due June 6, 2055 (the "Offering").
The offering represents a further issuance of Series 2 Notes previously issued by Pembina on June 6, 2025, in the aggregate principal amount of $200 million.
Following closing of the offering, $425 million aggregate principal amount of Series 2 Notes will be issued and outstanding, said the company.
The offering is expected to close on or about October 10, 2025.
Pembina intends to use the net proceeds of the offering to fund the redemption of its outstanding cumulative redeemable rate reset class A preferred shares, Series 9 and for general corporate purposes. Pending any such use of the net proceeds of the offering, Pembina may either invest the net proceeds from the offering in bank deposits and/or other money market instruments or temporarily reduce short-term indebtedness.
PBA +0.09% after hours to $40.7986.
Source: Press Release

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