Brief: Altagas Announces $400 Million Medium Term Note Offering
03/01/2024 22:12
Jan 3 (Reuters) - AltaGas Ltd ALA.TO :
* ALTAGAS LTD. ANNOUNCES $400 MILLION MEDIUM TERM NOTE
OFFERING
* ALTAGAS LTD: AGREED TO ISSUE $400 MILLION OF SENIOR
UNSECURED
MEDIUM TERM NOTES WITH A COUPON RATE OF 4.672 PERCENT, MATURING
ON JAN 8, 2029
* ALTAGAS LTD: NET PROCEEDS RESULTING FROM OFFERING WILL BE
USED
TO PAY DOWN EXISTING INDEBTEDNESS UNDER CO'S CREDIT FACILITIES,
TO FUND WORKING CAPITAL
Source text for Eikon: ID:nCNWQl8bpa
Further company coverage: ALA.TO
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