Correction from Source: Pembina Pipeline Corporation Announces Redemption of Series C and E Convertible Debentures
August 27 2015 - 11:59AM
PR Newswire (Canada)
CALGARY, Aug. 27, 2015 /CNW/ - A correction from source
has been issued for the press release titled Pembina Pipeline
Corporation Announces Redemption of Series C and E Convertible
Debentures disseminated today at 7:30 AM
ET. The second paragraph should have stated: "The
Series C Debentures will be redeemed on the Redemption Date at a
price equal to the principal amount thereof, plus interest accrued
from May 31, 2015 to but excluding
the Redemption Date, less any applicable tax withholdings.
The Series E Debentures will be redeemed on the Redemption Date at
a price equal to the principal amount thereof, plus interest
accrued from June 30, 2015 to but
excluding the Redemption Date, less any applicable tax
withholdings. In each case, subject to regulatory approval,
Pembina intends to satisfy the
redemption price through the issuance of common shares in the
capital of Pembina ("Common
Shares")." There are no other changes to the remainder of the
information provided in the press release. Readers are urged to
consult the "Forward-Looking Information and Statements" advisory
section of such press release for additional important
information.
About Pembina
Calgary-based Pembina Pipeline
Corporation is a leading transportation and midstream service
provider that has been serving North
America's energy industry for over 60 years. Pembina owns and operates pipelines that
transport various hydrocarbon liquids including conventional and
synthetic crude oil, heavy oil and oil sands products, condensate
(diluent) and natural gas liquids produced in western Canada and ethane produced in North Dakota. The Company also owns and
operates gas gathering and processing facilities and an oil and
natural gas liquids infrastructure and logistics business. With
facilities strategically located in western Canada and in natural gas liquids markets in
eastern Canada and the U.S.,
Pembina also offers a full
spectrum of midstream and marketing services that spans across its
operations. Pembina's integrated
assets and commercial operations enable it to offer services needed
by the energy sector along the hydrocarbon value chain.
SOURCE Pembina Pipeline Corporation
Copyright 2015 Canada NewsWire
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