Keyera Completes C$1.0 Billion Senior Notes Offering, C$604 Million Common Share Offering

10:44 AM EDT, 06/22/2026 (MT Newswires) -- Keyera (KEYUF) completed a C$1.0 billion offering of senior notes and a bought-deal public offering of about C$604 million of common shares, the company said Monday.

The company issued 11.3 million common shares, including 1.5 million common shares issued to underwriters, who exercised in full their overallotment option. The common shares were issued at C$53.55 apiece.

The net proceeds from the equity offering and some of the net proceeds from the note offering will be used to repay debt under a short-term credit facility, which was used to fund an acquisition of a non-operated 50% stake in the KAPS pipeline from Stonepeak Partners.

The rest of the net proceeds from the note offering will be used to redeem or repay Keyera Partnership's outstanding 3.96% senior unsecured notes due October 2026.

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