AltaGas Completes Medium-Term Note Offering

AltaGas closed its aggregate $300-million issue of senior unsecured medium-term notes, specifically: (i) $200-million medium term notes which carry a fixed coupon of 4.40 per cent and maturing on Mar. 15, 2024, and (ii) $100-million medium term notes which carry a fixed coupon of 5.16 per cent and maturing on Jan. 13, 2044.  The offerings were made under AltaGas' Short Form Base Shelf Prospectus dated Aug. 23, 2013 and Prospectus Supplement dated Jan. 7, 2014.

The syndicate of dealers included CIBC World Markets Inc. (co-lead), National Bank Financial Inc. (co-lead), BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., Scotia Capital Inc., TD Securities Inc., HSBC Securities (Canada) Inc., Beacon Securities Limited, J.P. Morgan Securities Canada Inc., Merrill Lynch Canada Inc., and Macquarie Capital Markets Canada Ltd.

AltaGas was represented by Keith Chatwin, Gianfranco Matrangolo (securities) and David Weekes (tax) of Stikeman Elliott LLP.

The dealers were represented by Ross Bentley, William Van Horne, Chris Prokop, Alison Desipio and Whit McCaskill of Blake, Cassels & Graydon LLP.


Alison Desipio Keith R. Chatwin Chris D. Prokop Ross Bentley David G. Weekes William C. Van Horne