Alliance Completes Note Offering

On January 16, 2003, Alliance Pipeline Limited Partnership completed an offering of $400 million of its series A senior notes, pursuant to its amended and restated short-form base shelf prospectus. The notes bear interest at 6.765 per cent per annum and mature on December 31, 2025.

The net proceeds from the offering were principally used by Alliance to repay a portion of its senior credit facilities. The underwriting syndicate included Scotia Capital Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., RBC Dominion Securities Inc. and National Bank Financial Inc.

Alliance was represented in-house by Warren Wismer, general counsel, assisted by Bill Jenkins, Gail Harding and Chima Nkemdirim of Fraser Milner Casgrain LLP in Calgary. Pat Finnerty and Kristie Smith of Blake, Cassels & Graydon LLP in Calgary represented the underwriters.


Pat C. Finnerty William K. Jenkins Kristie Smith Gail L. Harding Chima Nkemdirim