Keyera Closes CDN$60 Million Note Issue under Private Shelf Agreement
CALGARY, June 16, 2016 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today that it has concluded its previously announced CDN$60 million issuance of long-term notes pursuant to an uncommitted private shelf agreement with the Prudential Capital Group ("Prudential"). Proceeds from the notes will be used to repay short-term indebtedness under Keyera's credit facilities and for general corporate purposes.
About Keyera
Keyera Corp. (TSX:KEY) operates one of the largest midstream energy companies in Canada, providing essential services to oil and gas producers in the Western Canada Sedimentary Basin. Its predominantly fee-for-service based business consists of natural gas gathering and processing, natural gas liquids fractionation, transportation, storage and marketing, iso-octane production and sales, and an industry-leading condensate system in the Edmonton/Fort Saskatchewan area of Alberta. Keyera strives to provide high quality, value-added services to its customers across North America and is committed to conducting its business ethically, safely and in an environmentally and financially responsible manner.
SOURCE Keyera Corp.
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For further information about Keyera, please visit our website at www.keyera.com or contact Lavonne Zdunich, Director, Investor Relations, or Nick Kuzyk, Manager, Investor Relations, Email: [email protected], Telephone: 403.205.7670 / Toll Free: 888.699.4853
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