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MI - Pembina Pipeline floats more bonds to pay down Cochin buy - June 2020
Pembina Pipeline Corp. closed an offering of C$500 million ($353 million) of senior unsecured notes in two tranches: C$400 million of 4.67% Series 16 notes due 2050 and C$100 million of 3.71% Series 7 notes due 2026 through an add-on offering, bringing that series’ total outstanding to C$600 million. The 2050 notes were sold at 99.920 for a 4.675% yield to maturity, while the 2026 notes sold at 105.24, reflecting their current trading price,......
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