Pembina Pipeline Corp

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Pembina Pipeline Corporation Announces Completion of Redemption of Series 19 Medium Term Notes
CALGARY, Alberta--(BUSINESS WIRE)--November 18, 2024--
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it completed the previously announced redemption of its outstanding $150 million aggregate principal amount of senior unsecured medium-term notes, series 19 (the "Series 19 Notes") due June 22, 2026 for cash on November 17, 2024 (the "Redemption Date"). The Series 19 Notes were redeemed at a redemption price of approximately $1,023.19 for each $1,000 principal amount of Series 19 Notes, being equal to the outstanding principal amount thereof, plus accrued but unpaid interest thereon to, but excluding, the Redemption Date. Pembina funded the redemption through a combination of cash on hand and use of the Company's credit facility.

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Shares of Pembina Pipeline Corp. PPL shed 0.17% to C$58.66 Friday, in what proved to be an all-around down trading session for the Canadian market, with the S&P/TSX Composite Index falling 0.63% to 24,890.68.