11:42 AM EDT, 07/03/2024 (MT Newswires) -- Morningstar DBRS on Tuesday assigned a credit rating of BBB (high) with a stable trend to the medium-term notes issued by Pembina Pipeline ( PBA ) .

The notes are $150 million 5.02% medium-term notes, Series 20, due Jan. 12, 2032 (reopening); $650 million 5.22% medium-term notes, Series 23, due June 28, 2033; and $150 million 5.67% medium-term notes, Series 22, due Jan. 12, 2054 (reopening).

The credit rating assigned to this newly issued debt instrument is based on the credit rating of an already outstanding debt series of the above-mentioned debt instrument, the rating agency said.

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