trending Market Intelligence /marketintelligence/en/news-insights/trending/3P7rT-Cp3-gvrLEsoVpT0g2 content esgSubNav
In This List

AltaGas will not convert series E preferred shares

Blog

European Energy Insights - May 2021

Blog

Metals & Mining Insights May 2021

Blog

[Report]: 2021 Corporate Renewables Outlook

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective


AltaGas will not convert series E preferred shares

AltaGas Ltd. will not convert any of its outstanding cumulative redeemable five-year rate reset preferred series E shares into cumulative redeemable floating-rate preferred series F shares on Dec. 31.

The tendered series E shares were less than the 1 million shares, which did not satisfy the conversion prerequisite, according to a company release.