Terasen Gas Inc. renewed its $600 million medium term note program by filing a base shelf prospectus. The first issue of $250 million medium term note debentures under the base shelf prospectus was completed on May 13, 2008.
Terasen Gas Inc., a subsidiary of Fortis Inc., is one of the largest natural gas distribution companies in Canada and the principal distributor of natural gas in British Columbia.
Terasen Gas Inc. was represented by In-House Counsel, Vice President & General Counsel David Bennett, Senior Counsel & Chief Privacy Officer Anna Fung, QC, and Counsel Deborah Ling.
Farris, Vaughan, Wills & Murphy LLP represented Terasen Gas Inc., with a team consisting of partners Herb Dodd, QC, and David Selley, and associate Mohammad Manki.
Counsel for the dealers was Lawson Lundell LLP's John Christian.