Pembina Pipeline Corporation: Rating Report

On April 28, 2021, DBRS Limited (DBRS Morningstar) upgraded the Issuer Rating and Senior Unsecured Notes rating of Pembina Pipeline Corporation to BBB (high) from BBB, the Company’s Preferred Shares rating to Pfd-3 (high) from Pfd-3, and its Subordinated Notes rating to BBB (low) from BB (high). All trends are Stable.