Inter Pipeline Fund Announces Increase to Credit Facility

Inter Pipeline Fund Announces Increase to Credit Facility 
CALGARY, ALBERTA -- (Marketwired) -- 04/19/13 -- Inter Pipeline Fund
("Inter Pipeline") (TSX:IPL.UN) announced today that it has reached
an agreement with its lending syndicate to increase the size of its
senior, unsecured revolving credit facility from $750 million to
$1.25 billion. Inter Pipeline also has the ability to increase the
commitment to $1.5 billion, subject to lender approval. The term of
the credit facility remains unchanged with a maturity date of
December 5, 2017, which can be extended further upon certain
conditions.  
"The increase to our credit facility provides additional financial
flexibility to support Inter Pipeline's extensive organic growth
plans," commented Bill van Yzerloo, Inter Pipeline's Chief Financial
Officer. "We are pleased with the strong commitment by our lending
syndicate, especially as we advance the largest capital investment
program in our history." 
Inter Pipeline is in the early stages of a major $2.6 billion
expansion of its Polaris and Cold Lake oil sands transportation
systems. This integrated project will provide diluent and bitumen
blend transportation services to three major oil sands projects owned
by the FCCL Partnership, a business venture between Cenovus Energy
and ConocoPhillips.  
Inter Pipeline Fund 
Inter Pipeline is a major petroleum transportation, natural gas
liquids extraction, and bulk liquid storage business based in
Calgary, Alberta, Canada. Structured as a publicly traded limited
partnership, Inter Pipeline owns and operates energy infrastructure
assets in western Canada, the United Kingdom, Denmark, Germany and
Ireland. Additional information about Inter Pipeline can be found at
www.interpipelinefund.com. 
Inter Pipeline is a member of the S&P/TSX Composite Index.  Class A
Units trade on the Toronto Stock Exchange under the symbol IPL.UN.  
Eligible Investors 
Pursuant to Inter Pipeline's limited partnership agreement dated
October 9, 1997, as amended, all unitholders are required to be
residents of Canada.  A copy of the limited partnership agreement can
be found at www.interpipelinefund.com by selecting "Corporate
Governance". If a unitholder is a non-resident of Canada
("Non-Eligible Unitholder"), he will not be considered to be a member
of the partnership effective the date the Class A Units were
acquired. Inter Pipeline requires all Non-Eligible Unitholders to
dispose of their Class A Units in accordance with the limited
partnership agreement. 
In most cases, a unitholder with an address outside of Canada will be
a Non-Eligible Unitholder.  
Disclaimer 
Certain information contained herein may constitute forward-looking
statements that involve risks and uncertainties.  Readers are
cautioned not to place undue reliance on forward-looking statements.
Such information, although considered reasonable by the General
Partner of Inter Pipeline at the time of preparation, may later prove
to be incorrect and actual results may differ materially from those
anticipated in the statements made. For this purpose, any statements
that are not statements of historical fact may be deemed to be
forward-looking statements. Forward-looking statements often contain
terms such as "may", "will", "should", "anticipate", "expects" and
similar expressions. Such risks and uncertainties include, but are
not limited to, risks associated with operations, such as loss of
markets, regulatory matters, environmental risks, industry
competition, potential delays and cost overruns of construction
projects, and the ability to access sufficient capital from internal
and external sources. You can find a discussion of those risks and
uncertainties in Inter Pipeline's securities filings at
www.sedar.com. The forward-looking statements contained in this news
release are made as of the date of this document, and, except to the
extent required by applicable securities laws and regulations, Inter
Pipeline assumes no obligation to update or revise forward-looking
statements made herein or otherwise, whether as a result of new
information, future events, or otherwise. The forward-looking
statements contained in this document are expressly qualified by this
cautionary note. 
All dollar values are expressed in Canadian dollars unless otherwise
noted. 
Contacts:
Inter Pipeline Fund - Investor Relations:
Jeremy Roberge
Vice President, Capital Markets
403-290-6015 or 1-866-716-7473
jroberge@interpipelinefund.com 
Inter Pipeline Fund - Media Relations:
Tony Mate
Director, Corporate and Investor Communications
403-290-6166
tmate@interpipelinefund.com
www.interpipelinefund.com
 
 
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