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AltaGas to issue C$350M of senior notes

AltaGasLtd. said it has agreed to issue C$350 million of 4.12% seniorunsecured medium-term notes due April 7, 2026.

The company plans to use net proceeds from the offering to paydown existing indebtedness and for general corporate purposes. The offering isexpected to close by April 7, according to an April 4 release.

The offering is being made through a syndicate of investmentdealers co-led by CIBC Capital Markets and RBC Capital Markets.