AltaGas Canada Inc. completes $250M offering of senior unsecured notes

AltaGas Canada Inc. (“ACI”) completed its offering of $250 million of senior unsecured medium-term notes, series 2 (the “Offering”) having a fixed coupon rate of 3.15% per annum, paid semi-annually and maturing on April 6, 2026.

The net proceeds resulting from the Offering were used to repay indebtedness.

The Offering was made through a syndicate of investment dealers co-led by CIBC Capital Markets and RBC Capital Markets.

Stikeman Elliott LLP was counsel to ACI with a team that included Christopher Nixon, Patrick McNally and Rhonda Parhar.

Blake, Cassels & Graydon LLP was counsel to the investment dealers with a team that included Daniel McLeod, Chelsea Hunter, James Donnelly and Sean Cahill.

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