By Lisa Kerner
Charlotte, N.C., June 3 – Keyera Corp. agreed to issue C$60 million of long-term notes under an uncommitted private shelf agreement with Prudential Capital Group, according to a news release.
The notes will be issued as follows:
• C$30 million of 3.5% notes due June 16, 2023; and
• C$30 million of 4.15% notes due June 16, 2026.
Interest will be paid semiannually in arrears.
Keyera is a Calgary, Alta., natural gas midstream operator.
Issuer: | Keyera Corp.
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Issue: | Notes
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Pricing date: | June 3
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Settlement date: | June 16
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Distribution: | Private placement
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Seven-year notes
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Amount: | C$30 million
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Coupon: | 3.5%
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Maturity: | June 16, 2023
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Ten-year notes
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Amount: | C$30 million
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Coupon: | 4.15%
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Maturity: | June 16, 2026
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