|
CALGARY, ALBERTA--(Marketwired - Jan. 13, 2014) - AltaGas Ltd. ("AltaGas") (TSX:ALA)(TSX:ALA.PR.A)(TSX:ALA.PR.U)(TSX:ALA.PR.E) today announced that it has completed its aggregate $300 million issue of senior unsecured medium term notes (collectively, the "Offering"), specifically:
$200 million medium term notes with a coupon rate of 4.40 percent, maturing on March 15, 2024; and
$100 million medium term notes with a coupon rate of 5.16 percent, maturing on January 13, 2044.
The net proceeds resulting from the Offering will be used by AltaGas to pay down existing indebtedness and for general corporate purposes. |
