Pembina Pipeline (TSE:PPL) has released an update.
Pembina Pipeline Corporation successfully closed a $950 million note offering in three tranches with varying maturities and coupons, aimed at repaying debt, redeeming a portion of existing notes, and for general corporate purposes. The offerings were made under Pembina’s shelf prospectus, supplemented by recent pricing details, and were managed by a syndicate of dealers. This move underscores Pembina’s proactive financial management and commitment to a strong balance sheet.
For further insights into TSE:PPL stock, check out TipRanks’ Stock Analysis page.
