Pembina Pipeline plans to pay down facility with C$800 million new issue

By Robert S. Johnson

Princeton, N.J., April 3 – Pembina Pipeline Corp. announced that it plans to repay short-term debt under its credit facilities with proceeds from its recent two-part offering of C$800 million of senior medium-term notes.

Proceeds will additionally be used to fund its capital program and for general corporate purposes.

Pembina is a Calgary, Alta.-based pipeline operator.

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