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Prospect News home > News index > List of issuers A > Headlines for AltaGas Ltd. > News item
Published on 4/9/2013 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

AltaGas to issue $175 million of three-year floating-rate notes

By Jennifer Chiou

New York, April 9 - AltaGas Ltd. announced that it has agreed to issue $175 million of senior unsecured medium-term notes due April 13, 2015.

The floating-rate notes bear interest at Libor plus 79 basis points.

Proceeds will go towards reducing bank debt and for general corporate purposes.

BMO Capital Markets is the agent.


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