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Pembina Pipeline Corporation Announces $300 Million Bought Deal Financing

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CALGARY, ALBERTA--(Marketwired - March 17, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES All financial figures are in Canadian dollars. Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL)(NYSE:PBA) announced today that it has entered into an agreement with a syndicate of underwriters, co-led by Scotiabank and RBC Capital Markets, pursuant to which the underwriters have agreed to purchase from Pembina on a "bought deal" basis and sell to the public 8,825,000 common shares at a price of $34.00 per share, for gross proceeds of approximately $300 million. Pembina has also granted the underwriters an over-allotment option...

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