AltaGas (TSE:ALA) has released an update.
AltaGas Ltd. has successfully closed an additional offering of $250 million in Medium Term Notes, bringing the total to $500 million outstanding, at a rate of 5.597% due in 2054. The proceeds will be used to repay the company’s syndicated credit facility, which was fully repaid on June 28, 2024. The offering was conducted through a syndicate of investment dealers in Canada.
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