04:44 PM EDT, 10/10/2025 (MT Newswires) -- Pembina Pipeline ( PBA ) , after trade Friday, said it has completed the sale of $225 million in subordinated notes.

The Series 2 notes carry a fixed 5.95% interest rate and are due on June 6, 2055.

Pembina intends to use the net proceeds of the Offering to fund the redemption of all of its outstanding Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 9 on Dec.1.

Pembina shares closed down $1.01 to $54.61 on the Toronto Stock Exchange.