Canada's Pembina Pipeline Corp is not spending much time considering investment in the newly expanded Trans Mountain oil pipeline (TMX) due to uncertainty around shipping tolls, a company executive said on Friday. Calgary-based Pembina formed a partnership with an Indigenous organization, Western Indigenous Pipeline Group, in 2021 to pursue buying a stake in the Canadian government-owned pipeline, but in recent months has played down the idea of investing in the project.
TMX Group Limited ("TMX Group") today announced that it has priced a Canadian private placement offering (the "Offering") of $300 million aggregate principal amount of 4.747% Series J Senior Unsecured Debentures due May 26, 2026 (the "Debentures") to accredited investors in Canada. The Debentures will be direct senior unsecured and unsubordinated obligations of TMX Group and will rank pari passu with all other senior unsecured and unsubordinated indebtedness of TMX Group.
TMX Group today announced its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for April 2024.