Inter Pipeline Ltd. announced that it has agreed to issue an aggregate of $1.25 billion of Senior Unsecured Notes (the Notes) consisting of: $750 million of Notes with a fixed interest rate of 5.76% per annum, payable semi-annually commencing on February 17, 2023, that mature on February 17, 2028; and $500 million of Notes with a fixed interest rate of 6.38% per annum, payable semi-annually commencing on February 17, 2023, that mature on February 17, 2033. The Notes will be senior unsecured debt of Inter Pipeline and will rank equally in right of payment with all other existing and future senior unsecured debt of Inter Pipeline.