CALGARY, April 8, 2014 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced
today that it closed the final portion of its $306 million (Canadian
equivalent) long-term private note placement with a group of institutional
investors in Canada and the U.S. Of that amount, $231 million (Canadian
equivalent) was placed on November 20, 2013. The remaining $75 million that
closed today is denominated in Canadian dollars, bears interest at 5.34% and
matures on April 8, 2029.
About Keyera Corp.
Keyera Corp. (TSX:KEY) 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.
For additional information on these and other risk factors, see Keyera's
public filings on www.sedar.com. 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
Email:firstname.lastname@example.org; Telephone: 403.205.7670 / Toll Free: 888.699.4853
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CO: Keyera Corp.
NI: OIL LOAN MNA
-0- Apr/08/2014 14:46 GMT
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