Veresen Inc to Be Removed from the Alerian Energy Infrastructure Index
DALLAS, Oct. 2, 2017 /PRNewswire/ -- Alerian announced today that Veresen Inc (TSX: VSN) will be removed from the Alerian Energy Infrastructure Index (AMEI) in a special rebalancing after market close today.
Special rebalancings are triggered by corporate actions such as mergers, bankruptcies, and liquidations. VSN will cease to trade due to its merger with Pembina Pipeline (TSX: PPL, NYSE: PBA).
The index will be rebalanced in accordance with its existing methodology. Constituent additions to and deletions from the index do not reflect an opinion by Alerian on the investment merits of the respective securities.
About Alerian Alerian equips investors to make informed decisions about Master Limited Partnerships (MLPs) and energy infrastructure. Its benchmarks, including the flagship Alerian MLP Index (AMZ), are widely used by industry executives, investment professionals, research analysts, and national media to analyze relative performance. As of September 30, 2017, over $16 billion is directly tied to the Alerian Index Series through exchange-traded funds and notes, separately managed accounts, and structured products. For more information, including index values and constituents, research content, and announcements regarding rebalancings, please visit alerian.com.
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