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AltaGas Closes C$500 Million Medium-Term Note Offering
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AltaGas Closes C$500 Million Medium-Term Note Offering
Nov 10, 2025 9:19 AM

12:09 PM EST, 11/10/2025 (MT Newswires) -- AltaGas ( ATGFF ) on Monday said it completed its placement of C$500 million of senior unsecured medium-term notes with a coupon rate of 3.025%, maturing on Nov. 10, 2027.

The company said proceeds will be used to repay existing indebtedness including indebtedness under AltaGas' ( ATGFF ) credit facilities, to fund working capital and for general corporate purposes.

The offering was made through a syndicate of investment dealers under AltaGas' ( ATGFF ) short form base shelf prospectus dated March 12, 2025, Prospectus Supplement dated Nov. 6, 2025 and related Pricing Supplement dated Nov. 6, 2025, added the company.

The company's shares were last seen down $0.27 to $42.26 on the Toronto Stock Exchange.

Price: 42.19, Change: -0.34, Percent Change: -0.80

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