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DBRS rates AltaGas notes BBB
DBRS said it assigned a rating of BBB with a stable trend to the proposed $175 million 4.6% senior medium-term notes issue of AltaGas Ltd. maturing Jan. 15, 2018.
The issue is expected to settle on Nov. 26.
Proceeds will be used for repayment of outstanding bank debt and for general corporate purposes.
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