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AltaGas completes offering of C$350M of senior notes

AltaGas Ltd.has completed the issuanceof C$350 million of 4.12% senior unsecured medium-term notes due April 7, 2026,according to the company's April 7 news release.

The net proceeds from the offering will be used to pay down existingindebtedness, including indebtedness under AltaGas' credit facility, and for generalcorporate purposes.

The offering was made through a syndicate of investment dealersco-led by CIBC Capital Markets and RBC Capital Markets.