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 January 28, 2015
Commission File Number: 001-35563
PEMBINA PIPELINE CORPORATION
(Name of registrant)
3800, 525 –
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: January 28, 2015 |
By: |
/s/ Scott Burrows |
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Name: Scott Burrows |
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Title: Vice President, Capital Markets |
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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 January
28, 2015 - Pembina Pipeline Corporation Announces $600 Million Public Note Offering
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Exhibit 99.1
Pembina Pipeline Corporation Announces $600 Million Public Note
Offering
CALGARY, Jan. 28, 2015 /CNW/ - Pembina Pipeline Corporation
("Pembina" or the "Company") (TSX: PPL, NYSE: PBA) announced today that it has agreed to offer $600 million
of senior unsecured medium-term notes (the "Offering"). The Offering will be conducted in two tranches consisting of
$450 million in senior unsecured medium-term notes, series 5 (the "Series 5 Notes") having a fixed coupon of 3.54% per
annum, paid semi-annually, and maturing on February 3, 2025, and $150 million through the re-opening of its 4.75% medium-term notes,
series 3, due April 30, 2043 (the "Series 3 Notes").
Closing of the Offering is expected to occur on February 2,
2015 and net proceeds will be used to reduce short term indebtedness of the Company under its credit facilities, as well as to
fund Pembina's capital program and for other general corporate purposes.
The Series 3 Notes and Series 5 Notes are being offered through
a syndicate of dealers under Pembina's short-form base shelf prospectus dated February 22, 2013, a related prospectus supplement
dated April 24, 2013 and a related pricing supplement dated January 28, 2015.
This news release does not constitute an offer to sell or
the solicitation of an offer to buy the notes in any jurisdiction. The notes being offered have not been approved or disapproved
by any regulatory authority. The notes have not been and will not be registered under the United States Securities Act of 1933,
as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold within the United
States unless an exemption from the registration requirements of the U.S. Securities Act is available.
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 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. 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.
Forward-Looking Information and Statements
This news release contains certain forward-looking information
and statements (collectively, "forward-looking statements"), including forward-looking statements within the meaning
of "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 this news release, such forward-looking
information and statements can be identified by terminology such as ""expects", "will", and similar expressions
suggesting future events or future performance.
In particular, this news release contains forward-looking
information and statements relating to Pembina's growth plans and the offering, including the anticipated closing date and size
of the offering and the anticipated use of the net proceeds of the offering. These forward-looking statements are 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); that Pembina's businesses will continue to achieve sustainable financial results; and that the conditions to the closing
of the offering can be met on the anticipated timelines.
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: the
strength and operations of the oil and natural gas production industry and related commodity prices; non-performance of agreements
in accordance with their terms; fluctuations in operating results; the ability of Pembina to raise sufficient 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 Pembina's management's discussion and analysis and annual information form for the year ended December 31, 2013,
which can be found under Pembina's profile on SEDAR at www.sedar.com and with the U.S. Securities and Exchange Commission at www.sec.gov
and available on Pembina's website at www.pembina.com. In addition, the closing of the offering may not be completed, or
may be delayed, if the conditions to the closing of the offering are not satisfied on the anticipated timeline or at all.
Accordingly, there is a risk that the offering will not be completed within the anticipated time, on the terms currently proposed,
or at all. 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.
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
contained herein, except as required by applicable laws.
All dollar values are in Canadian dollars.
SOURCE Pembina Pipeline Corporation
%CIK: 0001546066
For further information:
Investor Inquiries:
Scott Burrows
Vice President, Finance & Chief Financial Officer
(403) 231-3156
1-855-880-7404
e-mail: investor-relations@pembina.com
CO: Pembina Pipeline Corporation
CNW 12:59e 28-JAN-15
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