Pembina Pipeline Corp. closed the bought deal offering of about 15.3 million common shares priced at CA$30 each, the company said Nov. 20.
A syndicate of underwriters included about 2 million shares issued at the same price.
Gross proceeds totaled about CA$460 million. Net proceeds will support capex associated with the CA$6.5 billion suite of secured growth projects, debt payments and general corporate purposes.
Pembina Pipeline Corp. is based in Calgary, Alberta.
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