By Wendy Van Sickle
Columbus, Ohio, June 8 – AltaGas Ltd. issued C$500 million of 2.157% five-year senior notes (//BBB), according to a news release.
The offering is co-led by Scotiabank and TD Securities Inc.
Proceeds will be used to pay down existing debt under AltaGas’ credit facility and for general corporate purposes.
AltaGas Canada is an energy company based in Calgary, Alta.
| Issuer: | AltaGas Ltd.
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| Issue: | Senior unsecured medium-term notes
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| Amount: | C$500 million
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| Bookrunners: | Scotiabank and TD Securities Inc.
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| Maturity: | June 10, 2025
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| Coupon: | 2.157%
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| Pricing date: | June 8
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| Settlement date: | June 10
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| Rating: | Fitch: BBB
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