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Published on 8/3/2022 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

AltaGas considers offering of hybrid debt securities

By Mary-Katherine Stinson

Lexington, Ky., Aug. 3 – AltaGas Ltd. said it is considering an offering of hybrid debt securities under its short form base shelf prospectus dated Feb. 22, 2021, according to a press release.

The company intends to use the proceeds to redeem its outstanding cumulative redeemable five-year rate reset preferred shares, series C.

AltaGas is an energy company based in Calgary, Alta.


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