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AltaGas registers C$2B of securities

AltaGas Ltd. on Sept. 18 filed a preliminary short-form base shelf prospectus for the potential sale of up to C$2 billion of securities.

The filing covers the sale of common and preferred shares, subscription receipts, debt securities and units from time to time.

The company plans to use net proceeds from the sale of any securities for general corporate purposes, to repay indebtedness and to fund capital expenditures.