Preferred Stock OfferingsBy Preferred Stock Channel Staff, updated Sat, December 4, 3:13 AM
|This Slide: #443 of 573|
Slide #443. Pembina Pipeline Corporation — Preferred Stock Offering
Pembina Pipeline Corporation (NYSE:PBA)
Cumulative redeemable rate reset class A preferred shares, series 3 (TSE:PPL.PRC.CA)
Date of Pricing:
Preferred Stock Offering Details:
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has closed its previously announced public offering of 6,000,000 cumulative redeemable rate reset class A preferred shares, series 3 (the "Series 3 Preferred Shares") for aggregate gross proceeds of $150 million (the "Offering").
Pembina Pipeline is a Calgary-based transportation and midstream service provider serving North America's energy industry. Co. owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada. Co. also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure, storage and logistics business; and is growing an export terminals business. Co.'s integrated assets and commercial operations along the majorityof the hydrocarbon value chain allow it to offer a full spectrum of midstream and marketing services to the energy sector.
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