DBRS assigns Pembina notes BBB

DBRS said it assigned a rating of BBB with a stable trend to Pembina Pipeline Corp.’s C$100 million of medium-term notes, series 7 and the C$400 million of medium-term notes, series 16

The rating is based upon the ratings on already-outstanding notes, DBRS said.

Proceeds will be used to repay borrowings under the company’s unsecured $2.5 billion revolving credit facility.

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