/NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS./

CALGARY, May 29, 2020 /CNW/ – Keyera Corp. (TSX:KEY) (“Keyera”) announced today that it has closed its previously announced offering of $400 million of senior unsecured medium term notes (the “Offering”). The Offering was conducted in a single tranche consisting of $400 million senior unsecured medium term notes having a fixed coupon of 3.959% per annum, paid semi-annually, and maturing on May 29, 2030 (the “Notes”).

The Offering was announced on May 26, 2020. The … Continue Reading

/NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS./

CALGARY, May 26, 2020 /CNW/ – Keyera Corp. (TSX:KEY) (“Keyera”) announced today that it has agreed to issue $400 million of senior unsecured medium term notes (the “Offering”). The Offering will be conducted in a single tranche consisting of $400 million senior unsecured medium term notes having a fixed coupon of 3.959% per annum, paid semi-annually, and maturing on May 29, 2030 (the “Notes”).

The Offering is expected to close on May 29, 2020 and the … Continue Reading

CALGARY, May 19, 2020 /CNW/ – Keyera Corp. (TSX: KEY) (“Keyera”) today announced the appointment of Ms. Eileen Marikar as Senior Vice President and Chief Financial Officer (“CFO”), effective May 20, 2020.  Mr. Steven Kroeker, who has served as Keyera’s CFO since 2012 is stepping down from the CFO role effective immediately.

Ms. Marikar joined Keyera in 2005. Most recently, she served as Vice President, Finance, and was responsible for leading Keyera’s Investor Relations, Treasury, Accounting, Tax and Credit functions.  Ms. Marikar is a Chartered Accountant and Chartered Professional Accountant and holds a Bachelor of Commerce from … Continue Reading

CALGARY, May 12, 2020 /CNW/ – Keyera Corp. (TSX:KEY) (“Keyera”) announced today the voting results from its Annual Meeting of Shareholders held on May 12, 2020 in a virtual only format. All nominees listed in its Notice of Meeting and Information Circular dated March 26, 2020, were elected as directors of Keyera.

The results of the votes are as follows:

Nominee

Votes For

Votes Withheld

Number

%

Number

%

James Bertram

147,611,134

98.96

1,557,497

1.04

Blair Goertzen

149,083,980

99.94

84,651

0.06

Douglas Haughey

148,555,721

99.59

612,910

0.41

Gianna Manes

149,031,612

99.91

137,019

0.09

Donald Nelson

148,304,050

99.42

864,581… Continue Reading

CALGARY, May 12, 2020 /CNW/ – Keyera Corp. (TSX:KEY) (“Keyera”) announced today a cash dividend for May 2020 of 16.00 cents per common share. The dividend will be payable on June 15, 2020, to shareholders of record on May 22, 2020. The ex-dividend date is May 21, 2020. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera’s dividends are subject to Canadian withholding tax.

About Keyera Corp.

Keyera Corp. (TSX:KEY) operates an integrated Canadian-based energy infrastructure business with extensive interconnected assets and depth of … Continue Reading

CALGARY, May 12, 2020 /CNW/ – Keyera Corp. (TSX: KEY) (“Keyera”) announced its 2020 first quarter financial results today, the highlights of which are included in this news release. The entire news release can be viewed by visiting Keyera’s website at www.keyera.com, or, to view the MD&A and financial statements, visit either Keyera’s website or Keyera’s filings on SEDAR at www.sedar.com.

HIGHLIGHTS 

Keyera had a strong start to the year, reporting record adjusted earnings before interest, taxes, depreciation and amortization (“adjusted EBITDA”)1 of $327 million in the first quarter (Q1 2019 – $164 million), record distributable

… Continue Reading

CALGARY, April 22, 2020 /CNW/ – Keyera Corp. (TSX:KEY) (“Keyera”) announced today that it is preserving its financial flexibility by reducing its 2020 capital program following a decision to defer construction of the KAPS pipeline system for approximately one year. Keyera is also suspending its Premium DividendTM and Dividend Reinvestment Plan (“DRIP”). These actions are in response to challenging industry conditions related to the unfolding COVID-19 crisis and the significant decrease in global oil prices.

One Year Deferral of the KAPS Capital Project
Keyera along with its partner, SemCAMS Midstream ULC, have agreed to defer construction of KAPS, the … Continue Reading

CALGARY, April 9, 2020 /CNW/ – Keyera Corp. (TSX:KEY) (“Keyera”) announced today a cash dividend for April 2020 of 16.00 cents per common share. The dividend will be payable on May 15, 2020, to shareholders of record on April 22, 2020. The ex-dividend date is April 21, 2020. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera’s dividends are subject to Canadian withholding tax.

About Keyera Corp.

Keyera Corp. (TSX:KEY) operates an integrated Canadian-based energy infrastructure business with extensive interconnected assets and depth of … Continue Reading

CALGARY, April 9, 2020 /CNW/ – Keyera Corp. (TSX:KEY) (“Keyera”) today announced that it continues to make progress on its gathering and processing optimization plan and plans to suspend operations at four of its gas plants located in west central Alberta.

Keyera expects to suspend operations at its Minnehik Buck Lake and West Pembina gas plants in the second half of 2020, followed by the Ricinus and Nordegg River gas plants in 2021. Keyera will utilize its interconnected network of gathering systems to transfer volumes from these facilities to other Keyera gas plants in the area, to the … Continue Reading

CALGARY, April 2, 2020 /CNW/ – At Keyera, health and safety are core values. In light of public health concerns regarding COVID-19, Keyera Corp. (TSX:KEY) (“Keyera”) announced today that it will hold its 2020 Annual Meeting of Shareholders in a virtual only format on Tuesday, May 12, 2020, at 2:00 p.m. Mountain Time (4:00 p.m. Eastern Time).

The meeting will be conducted via a live audio webcast and will provide all shareholders an opportunity to participate regardless of their geographic location. The meeting will be conducted online only; there will be no physical meeting venue to … Continue Reading

CALGARY, March 16, 2020 /CNW/ – Due to the unprecedented environment and the sharp decline in Keyera’s share price, Keyera Corp. (TSX:KEY) (“Keyera”) is providing the following information to address investor inquiries. Keyera remains confident in its business outlook given its strong financial position and integrated portfolio of diverse assets and services that serve both natural gas and oil sands producers.

Keyera’s Strong Financial Position
Keyera’s financial position includes the following:

a strong balance sheet with Net Debt to Adjusted EBITDA of 2.7x as of December 31, 2019, including 50% of the subordinated hybrid notes as debt;

a

… Continue Reading

CALGARY, March 12, 2020 /CNW/ – Keyera Corp. (TSX: KEY) (“Keyera”) announced today a cash dividend for March 2020 of 16.00 cents per common share. The dividend will be payable on April 15, 2020, to shareholders of record on March 23, 2020. The ex-dividend date is March 20, 2020. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera’s dividends are subject to Canadian withholding tax.

Keyera also announced today amendments to its Premium DividendTM and Dividend Reinvestment Plan (the “Plan”). The discount for Keyera … Continue Reading