Pembina Pipeline to Redeem Series 19 Notes

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Pembina Pipeline to Redeem Series 19 Notes

Pembina Pipeline (TSE:PPL) has released an update.

Pembina Pipeline Corporation announced its plan to redeem its Series 19 medium-term notes, valued at $150 million, ahead of their maturity date. The company will fund the redemption using available cash and its credit facility. This strategic move reflects Pembina’s proactive financial management and commitment to optimizing its capital structure.

For further insights into TSE:PPL stock, check out TipRanks’ Stock Analysis page.

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