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Keyera Corp. Announces Closing of $250 Million Public Note Offering
Keyera Corp. Announces Closing of $250 Million Public Note Offering Canada NewsWire ...
About this update from Keyera Corp.
[{"type":"text","content":"\n \n \n \n Keyera Corp. Announces Closing of $250 Million Public Note Offering\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n . FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF\n \n UNITED STATES\n \n SECURITIES LAWS./\n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Jan. 4, 2024\n \n \n /CNW/ - Keyera Corp. (TSX: KEY) (\"Keyera\") announced today that it has closed its previously announced offering of\n \n $250 million\n \n of 30 year senior unsecured medium term notes (the \"Notes\"). The Notes have a fixed coupon of 5.663% per annum, paid semi-annually, and a maturity date of\n \n January 4, 2054\n \n .\n \n \n \n \n \n \n \n \n \n The offering of the Notes (the \"Offering\") was announced on\n \n January 2, 2024\n \n and the net proceeds will be used to refinance short term indebtedness under Keyera's credit facility and for general corporate purposes.\n \n \n The Notes were offered through a syndicate of dealers co-led by CIBC Capital Markets and RBC Capital Markets under Keyera's Short Form Base Shelf Prospectus dated\n \n December 12, 2023\n \n , as supplemented by a Prospectus Supplement dated\n \n December 14, 2023\n \n , and a Pricing Supplement dated\n \n Jan 2, 2024\n \n .\n \n \n 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\n \n the United States\n \n unless an exemption from the registration requirements of the U.S. Securities Act is available.\n \n \n About Keyera Corp.\n \n \n Keyera Corp. (TSX:KEY) operates an integrated Canadian-based energy infrastructure business with extensive interconnected assets and depth of expertise in delivering energy solutions. It...