Inter Pipeline Ltd IPL.TO :
* INTER PIPELINE ANNOUNCES NEW $500 MILLION TERM CREDIT FACILITY
* INTER PIPELINE - PROCEEDS WERE USED TO PARTIALLY REPAY AMOUNTS OUTSTANDING UNDER ITS EXISTING $1.5 BILLION REVOLVING CREDIT FACILITY, WHICH MAY BE REDRAWN
* INTER PIPELINE - TERM FACILITY IS EXTENDIBLE AND PROVIDES CO WITH ABOUT $1.2 BILLION OF AVAILABLE CAPACITY ON ITS REVOLVING CREDIT FACILITY
* INTER PIPELINE LTD - TERM FACILITY WAS PROVIDED BY CERTAIN EXISTING LENDERS AND IS PRE-PAYABLE AT INTER PIPELINE'S OPTION AT ANY TIME.
* INTER PIPELINE LTD - CO HAS FULLY DRAWN A NEW $500 MILLION 1-YEAR TERM CREDIT FACILITY