AltaGas Ltd. (TSE:ALA) has released an update.
AltaGas Ltd., a leading North American infrastructure company, has successfully closed a $600 million offering of senior unsecured medium term notes, aimed at refinancing maturing debts, reducing other indebtedness, and supporting general corporate activities. The offerings include $350 million at a 5.141% coupon rate due 2034 and $250 million at a 5.597% coupon rate due 2054. The effort, coordinated by a syndicate of investment dealers, signifies AltaGas’ commitment to financial stability and growth.
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