Keyera Closes Long-Term Private Debt Financing

CALGARY, Nov. 20, 2013 /CNW/ - Keyera Corp. (TSX:KEY) (TSX:KEY.DB.A) 
("Keyera") announced today that it closed $231 million (Canadian equivalent) 
of its previously announced $306 million (Canadian equivalent) long-term 
private note placement with a group of institutional investors in Canada and 
the U.S. Proceeds are being used to pay down existing credit facilities and 
fund Keyera's ongoing capital expenditure program. The remaining CDN$75 
million is scheduled to be drawn on April 8, 2014, subject to typical closing 
About Keyera Corp. 
Keyera Corp. (TSX:KEY) (TSX:KEY.DB.A) operates one of the largest natural gas 
midstream businesses in Canada. Its business consists of natural gas 
gathering and processing; Natural Gas Liquids (NGLs) processing, 
transportation, storage and marketing; iso-octane production; and crude oil 
midstream activities. 
Keyera's gas processing plants and associated facilities are strategically 
located in the west central, foothills and deep basin natural gas production 
areas of the Western Canada Sedimentary Basin. Its NGL and crude oil 
infrastructure, including pipelines, terminals and processing and storage 
facilities, as well as its iso-octane facility, are primarily located in 
Edmonton and Fort Saskatchewan, Alberta, a major North American NGL hub. 
Keyera markets propane, butane, condensate and iso-octane to customers in 
Canada and the United States. 
This document contains forward-looking statements based on management's 
current expectations and assumptions relating to Keyera's business, its 
financing strategy, the environment in which it operates, anticipated timing 
and construction of capital projects and the future operations and performance 
of the assets. As these forward-looking statements depend upon future 
events, actual outcomes may differ materially depending on factors such as: 
satisfaction of the closing conditions for the CDN $75 million notes 
placement; future operating results of the assets; future operating results of 
Keyera's business segments and the components of those results; Keyera's 
ability to execute its strategic initiatives; commodity supply/demand balances 
and prices; activities of producers, competitors, customers, business partners 
and others; overall economic conditions; access to capital and financing 
alternatives; operational risks in developing and producing natural gas; 
potential delays or changes in plans with respect to development projects or 
capital expenditures or the results therefrom; the legislative, regulatory and 
tax environment; and other known or unknown factors. There can be no 
assurance that the results or developments anticipated by Keyera will be 
realized or that they will have the expected consequences for or effects on 
Additional Information
For additional information on these and other risk factors, see Keyera's 
public filings on The information provided in this release is 
given as of the date hereof.

SOURCE  Keyera Corp. 
Investors and Media Keyera Corp. John Cobb, Vice-President, Investor 
Relations, or Julie Puddell, Manager, Investor Relations; Telephone: 403.205.7670 / Toll Free: 888.699.4853 
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CO: Keyera Corp.
ST: Alberta
-0- Nov/20/2013 17:28 GMT
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