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Published on 1/16/2024 in the Prospect News Bank Loan Daily, Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

DBRS rates Pembina notes BBB(high)

DBRS said it assigned BBB (high) credit ratings to Pembina Pipeline Corp.’s newly issued C$600 million of 5.02% medium-term notes series 20 due Jan. 12, 2032; C$600 million of 5.21% MTNs series 21 due Jan. 12, 2034; and C$600 million of 5.67% MTNs series 22 due Jan. 12, 2054.

The ratings are based on those of an already outstanding series of MTNs, DBRS said.

The trend is stable.


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