Pembina Pipeline Corporation Announces Closing of $250 Million Preferred Share Offering

Pembina Pipeline Corporation Announces Closing of $250 Million Preferred Share 
All financial figures are in Canadian dollars, unless otherwise noted. 
CALGARY, July 26, 2013 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the 
"Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has closed its 
previously announced public offering of 10,000,000 cumulative redeemable rate 
reset class A preferred shares, series 1 (the "Series 1 Preferred Shares") at 
a price of $25.00 per Series 1 Preferred Share (the "Offering") for aggregate 
gross proceeds of $250 million. This includes the previously announced 
underwriters' option to purchase an additional 2,000,000 Series 1 Preferred 
Shares at a price of $25.00 per share, which was exercised in full. 
The Offering was first announced on July 17, 2013 when Pembina entered into an 
agreement with a syndicate of underwriters led by RBC Capital Markets and 
Proceeds from the offering will be used to partially fund capital projects, to 
reduce short-term indebtedness and for other general corporate purposes of the 
Company and its affiliates. 
The Series 1 Preferred Shares will begin trading on the Toronto Stock Exchange 
today under the symbol PPL.PR.A. 
This news release does not constitute an offer to sell or a solicitation of an 
offer to buy the Series 1 Preferred Shares in any jurisdiction. The Series 1 
Preferred Shares to be offered have not been and will not be registered under 
the United States Securities Act of 1933, as amended, or under any state 
securities laws, and may not be offered or sold within the United States. 
About Pembina 
Calgary-based Pembina Pipeline Corporation is a leading transportation and 
midstream service provider that has been serving North America's energy 
industry for nearly 60 years. Pembina owns and operates: pipelines that 
transport conventional and synthetic crude oil and natural gas liquids 
produced in western Canada; oil sands and heavy oil and diluent pipelines; gas 
gathering and processing facilities; and, an oil and natural gas liquids 
infrastructure and logistics business. With facilities strategically located 
in western Canada and in natural gas liquids markets in eastern Canada and the 
U.S., Pembina also offers a full spectrum of midstream and marketing services 
that span across its operations. Pembina's integrated assets and commercial 
operations enable it to offer services needed by the energy sector along the 
hydrocarbon value chain. 
Forward-Looking Information and Statements
This document contains certain forward-looking statements and information 
(collectively, "forward-looking statements") within the meaning of the "safe 
harbor" provisions of applicable securities legislation that are based on 
Pembina's current expectations, estimates, projections and assumptions in 
light of its experience and its perception of historical trends. In some 
cases, forward-looking statements can be identified by terminology such as 
"plans", "expects", "proposes", "projects", "will", "estimates", 
"anticipates", "develop", "could" and similar expressions suggesting future 
events or future performance. 
This news release contains certain forward-looking information and statements 
that are based on Pembina's current expectations, estimates, projections and 
assumptions in light of its experience and its perception of historical 
trends. In this news release, such forward-looking information and statements 
can be identified by terminology such as "to be", "expects", "projects" and 
similar expressions. 
In particular, this news release contains forward-looking statements and 
information relating to the planned use of proceeds. These forward-looking 
statements and information are being made by Pembina based on certain 
assumptions that Pembina has made in respect thereof as at the date of this 
document, including: that favourable growth parameters continue to exist in 
respect of current and future growth projects (including the ability to 
finance such projects on favourable terms); and that Pembina's businesses will 
continue to achieve sustainable financial results. These forward-looking 
statements are not guarantees of future performance and are subject to a 
number of known and unknown risks and uncertainties, including, but not 
limited to: non-performance of agreements in accordance with their terms; the 
impact of competitive entities and pricing; reliance on key industry partners, 
alliances and agreements; the strength and operations of the oil and natural 
gas production industry and related commodity prices; the continuation or 
completion of third-party projects; regulatory environment and inability to 
obtain required regulatory approvals; tax laws and treatment; fluctuations in 
operating results; the ability of Pembina to raise sufficient capital to 
complete future projects and satisfy future commitments; construction delays; 
labour and material shortages; and certain other risks detailed from time to 
time in Pembina's public disclosure documents including, among other things, 
those detailed under the heading "Risk Factors" in Pembina's management's 
discussion and analysis and annual information form for the year ended 
December 31, 2012, which can be found at The intended use of 
the net proceeds of the offering by Pembina may change if the board of 
directors of Pembina determines that it would be in the best interests of 
Pembina to deploy the proceeds for some other purpose. 
Accordingly, readers are cautioned that events or circumstances could cause 
results to differ materially from those predicted, forecasted or projected. 
Such forward-looking statements are expressly qualified by the above 
statements. Pembina does not undertake any obligation to publicly update or 
revise any forward-looking statements or information contained herein, except 
as required by applicable laws. 
Pembina PipelineĀ® is a registered trademark of Pembina Pipeline Corporation.

SOURCE  Pembina Pipeline Corporation 
Investor Inquiries: Scott Burrows Vice President, Corporate Development & 
Investor Relations (403) 231-3156 1-855-880-7404  or 
Media Inquiries: Shawn Davis Manager, Communications & Public Affairs (403) 
To view this news release in HTML formatting, please use the following URL: 
CO: Pembina Pipeline Corporation
ST: Alberta
-0- Jul/26/2013 13:22 GMT
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