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Stock impact report

Pembina Pipeline Corporation Announces New Credit Facility, Declares Dividends, Announces First Quarter 2020 Results Conference Call and Webcast and Provides Update on Virtual Annual Gener...

Pembina Pipeline Corp. Ordinary Shares (Canada) (PBA) 
Last pembina pipeline corp. ordinary shares (canada) earnings: 2/27 05:44 pm Check Earnings Report
US:NYSE Investor Relations: pembina.com/investor-centre
Company Research Source: PR Newswire
CALGARY, April 6, 2020 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it has entered into a new $800 million unsecured revolving credit facility. The Company further announced that its Board of Directors has declared a common share cash dividend for April 2020 of $0.21 per share and quarterly dividends for the Company's preferred shares.New Unsecured Revolving Credit FacilityPembina has entered into a new $800 million unsecured revolving credit facility (the "Facility") with certain existing key lenders. The Facility will be available to Pembina for general corporate purposes, thereby providing additional liquidity and flexibility should it be required. The Facility will have an initial term of two years. The other terms and conditions of the Facility, including financial covenants, are substantially similar to Pembina's existing $2.5 billion revolving credit facility.  With the addition of the Facility, Pembina now Show less Read more
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