trending Market Intelligence /marketintelligence/en/news-insights/trending/KIPIplxrIWE2dBQeK0HLDA2 content esgSubNav
In This List

AltaGas to issue C$500M medium-term notes

Blog

Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Podcast

Energy Evolution | A transition to cleaner energy drives demand for new nickel mines

Podcast

Energy Evolution | Looking ahead to the energy transition in 2023


AltaGas to issue C$500M medium-term notes

AltaGas Ltd. agreed to issue C$500 million of senior unsecured medium-term notes with a 2.609% coupon rate, maturing Dec. 16, 2022.

The company said Dec. 12 that the proceeds will be used to pay down existing indebtedness under its credit facility and for general corporate purposes.

The offering, expected to close around Dec. 16, is being made through a group of investment dealers co-led by BMO Nesbitt Burns Inc. and CIBC World Markets Inc.

In September, AltaGas filed a preliminary short-form base shelf prospectus for the potential sale of up to C$2 billion of securities.