09:58 AM EDT, 03/12/2024 (MT Newswires) -- Fitch Ratings said Monday that it has assigned a BBB rating to AltaGas Ltd.'s ( ATGFF ) issuance of medium-term notes.

The medium-term notes will be unsecured obligations ranking pari passu with AltaGas's ( ATGFF ) other unsecured, unsubordinated debt. The company will use the proceeds to repay debt.

AltaGas's ( ATGFF ) issuer default rating is BBB with a stable rating outlook.

The company edged up 0.1% on last look on Tuesday.

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