UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT
TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of November, 2015
Commission File Number: 001-35563
PEMBINA PIPELINE CORPORATION
(Name of registrant)
(Room #39-095) 4000, 585 8th Avenue S.W.
Calgary, Alberta T2P 1G1
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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PEMBINA PIPELINE CORPORATION |
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Date: November 19, 2015 |
By: |
/s/ Scott Burrows |
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Name: Scott Burrows |
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Title: Vice President, Finance and Chief Financial Officer |
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Form
6-K Exhibit Index
Exhibit
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Document
Description |
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99.1 |
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News Release Dated November 19, 2015 - Pembina Pipeline Corporation Announces Closing of Bought Deal Financing and Exercise in Full of Over-Allotment
Option for Gross Proceeds of $460 Million |
Exhibit 99.1
Pembina Pipeline Corporation Announces
Closing of Bought Deal Financing and Exercise in Full of Over-Allotment Option for Gross Proceeds of $460 Million
All financial figures are in Canadian dollars.
CALGARY, Nov. 19, 2015 /CNW/ - Pembina Pipeline
Corporation ("Pembina" or the "Corporation") (TSX: PPL; NYSE: PBA) is pleased to announce that it has closed
its previously announced bought deal offering of 15,335,250 common shares at a price of $30.00 per share through a syndicate of
underwriters (the "Offering"), which includes 2,000,250 common shares issued at the same price on the exercise in full
of the over-allotment option granted to the underwriters. The aggregate gross proceeds from the Offering is approximately $460
million.
Pembina intends to use the net proceeds from
the Offering to partially fund capital expenditures associated with its $6.5 billion suite of secured growth projects (including
those which have been placed in service during 2015), to reduce short-term indebtedness of the Corporation incurred as a result
of expenditures related to its capital program, and for general corporate purposes.
Purchasers under this Offering who are shareholders
of record on November 25, 2015 (the "Record Date") will be entitled to receive the Corporation's monthly cash dividend
payable on December 15, 2015 in respect of any common shares held on the Record Date.
The common shares were offered pursuant to
a prospectus supplement under the short form base shelf prospectus filed by the Corporation on March 18, 2015 in each of the provinces
of Canada and in the U.S. pursuant to applicable registration exemptions.
The common shares issued pursuant to the Offering
have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United
States absent registration or an applicable exemption from the registration requirements thereunder.
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 Corporation 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.
Forward-Looking Statements & Information
This news release contains certain forward-looking
statements and information (collectively, "forward-looking statements") within the meaning of the "safe harbor"
provisions of applicable securities legislation that are based on Pembina's current expectations, estimates, projections and assumptions
in light of its experience and its perception of historical trends. In some cases, forward-looking statements can be identified
by terminology such as "plans", "expects", "proposes", "projects", "will", "estimates",
"anticipates", "develop", "could" and similar expressions suggesting future events or future performance.
In particular, this news release contains
forward-looking statements and information relating to the planned use of proceeds of the Offering, timing of and entitlement to
dividend payments, and planning, construction, and capital expenditure estimates. These forward-looking statements and information
are being made by Pembina based on certain assumptions that Pembina has made in respect thereof as at the date of this news release,
including: that favourable growth parameters continue to exist in respect of current and future growth projects (including the
ability to finance such projects on favourable terms); and that Pembina's businesses will continue to achieve sustainable financial
results. These forward-looking statements are not guarantees of future performance and are subject to a number of known and unknown
risks and uncertainties, including, but not limited to: non-performance of agreements in accordance with their terms; the impact
of competitive entities and pricing; reliance on key industry partners, alliances and agreements; the levels of activity in the
oil and natural gas production industry and related commodity prices; the continuation or completion of third-party projects; the
regulatory environment and the ability to obtain required regulatory approvals; tax laws and treatment; fluctuations in operating
results; the ability of Pembina to raise sufficient additional capital to complete future projects and satisfy future commitments;
construction delays; labour and material shortages; and certain other risks detailed from time to time in Pembina's public disclosure
documents including, among other things, those detailed under the heading "Risk Factors" in the prospectus supplement
dated November 12, 2015 and in Pembina's management's discussion and analysis and annual information form for the year ended December
31, 2014, which can be found at www.sedar.com.The intended use of the net proceeds of the offering by Pembina may change if the
board of directors of Pembina determines that it would be in the best interests of Pembina to deploy the proceeds for some other
purpose.
Accordingly, readers are cautioned that
events or circumstances could cause results to differ materially from those predicted, forecasted or projected. Such forward-looking
statements are expressly qualified by the above statements. Pembina does not undertake any obligation to publicly update or revise
any forward-looking statements or information contained herein, except as required by applicable laws.
Pembina Pipeline® is a registered trademark
of Pembina Pipeline Corporation.
SOURCE Pembina Pipeline Corporation
%CIK: 0001546066
For further information: Investor Inquiries: Scott Burrows,
Vice President, Finance and CFO, (403) 231-3156, 1-855-880-7404, e-mail: investor-relations@pembina.com; or Media Inquiries: Tanis
Fiss, Supervisor, External Communications, (403) 817-7131, e-mail: media@pembina.com
CO: Pembina Pipeline Corporation
CNW 08:35e 19-NOV-15
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