trending Market Intelligence /marketintelligence/en/news-insights/trending/jwdqswutlpxihm0du8zcfa2 content esgSubNav
In This List

Pembina closes $1.0B nonrevolving term loan

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Using ESG Analysis to Support a Sustainable Future

Research

US utility commissioners: Who they are and how they impact regulation

Blog

Q&A: Datacenters: Energy Hogs or Sustainability Helpers?


Pembina closes $1.0B nonrevolving term loan

Pembina Pipeline Corp. closed its C$1 billion nonrevolving term loan with existing lenders to be used to partially repay debt under its C$2.5 billion revolver.

The term loan will have an initial term of three years, prepayable at the company's option, according to a March 9 news release. Pembina also extended its C$2.5 billion revolving credit facility to mature May 31, 2023.

Pembina owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada.