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Keyera Corp. Announces $400 Million Public Note Offering
Keyera Corp. Announces $400 Million Public Note Offering Canada NewsWire ...
About this update from Keyera Corp.
[{"type":"text","content":"\n \n \n \n Keyera Corp. Announces $400 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 March 24, 2022\n \n \n /CNW/ - Keyera Corp.(TSX: KEY) (\"Keyera\") announced today that it has agreed to issue\n \n $400 million\n \n of senior unsecured medium term notes (the \"Offering\").  The Offering will be conducted in a single tranche having a fixed coupon of 5.022% per annum, paid semi-annually, and maturing on\n \n March 28, 2032\n \n (the \"Notes\").\n \n \n The Offering is expected to close on\n \n March 28, 2022\n \n and the net proceeds will be used to refinance indebtedness under Keyera's credit facilities and maturing senior unsecured private notes, to fund its capital projects, and for other general corporate purposes.\n \n \n The Notes are being offered through a syndicate of dealers co-led by RBC Capital Markets and CIBC Capital Markets under Keyera's Short Form Base Shelf Prospectus dated\n \n November 18, 2021\n \n , as supplemented by a Prospectus Supplement dated\n \n February 22, 2022\n \n and a Pricing Supplement dated\n \n March 24, 2022\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, or any state securities laws, and may not be offered or sold within\n \n the United States\n \n or to, or for the account or benefit of, U.S. persons.\n \n \n About Keyera Corp.\n \n \n Keyera Corp. (TSX:KEY) operates an integrated North American midstream business with extensive interconnected assets and depth of expertise in delivering midstream energy solutions. Its predominantly fee-for-servi...