AltaGas Ltd. Announces US$175 Million Medium-Term Note Offering

AltaGas Ltd. Announces US$175 Million Medium-Term Note Offering 
CALGARY, ALBERTA -- (Marketwired) -- 04/09/13 -- AltaGas Ltd.
("AltaGas") (TSX:ALA) (TSX:ALA.PR.A) (TSX:ALA.PR.U) today announced
that it has agreed to issue US$175 million of senior unsecured
medium-term notes ("the Offering"). The notes carry a floating rate
coupon of three month LIBOR plus 0.79% and mature on April 13, 2015.  
The net proceeds resulting from the issuance of the notes will be
used by AltaGas to reduce bank indebtedness and for general corporate
BMO Capital Markets is acting as sole agent for the Offering which is
made under AltaGas' Short Form Base Shelf Prospectus dated December
7, 2011 and Prospectus Supplement dated April 9, 2012.  
AltaGas is an energy infrastructure business with a focus on natural
gas, power and regulated utilities. AltaGas creates value by
acquiring, growing and optimizing its energy infrastructure,
including a focus on clean energy sources. For more information
This news release contains forward-looking statements. When used in
this news release, the words "may", "would", "could", "will",
"intend", "plan", "anticipate", "believe", "seek", "propose",
"estimate", "expect", and similar expressions, as they relate to
AltaGas or an affiliate of AltaGas, are intended to identify
forward-looking statements. In particular, this news release contains
forward-looking statements with respect to, among other things, the
Offering and the use of proceeds from the Offering, These statements
involve known and unknown risks, uncertainties and other factors that
may cause actual results or events to differ materially from those
anticipated in such forward-looking statements. Such statements
reflect AltaGas' current views with respect to future events based on
certain material factors and assumptions and are subject to certain
risks and uncertainties, including without limitation, changes in
market, competition, governmental or regulatory developments, general
economic conditions and other factors set out in AltaGas' public
disclosure documents. Many factors could cause AltaGas' actual
results, performance or achievements to vary from those described in
this news release, including without limitation those listed above.
These factors should not be construed as exhaustive. Should one or
more of these risks or uncertainties materialize, or should
assumptions underlying forward-looking statements prove incorrect,
actual results may vary materially from those described in this news
release as intended, planned, anticipated, believed, sought,
proposed, estimated or expected, and such forward-looking statements
included in this news release, should not be unduly relied upon. Such
statements speak only as of the date of this news release. AltaGas
does not intend, and does not assume any obligation, to update these
forward-looking statements except as required by law. The
forward-looking statements contained in this news release are
expressly qualified by this cautionary statement.
AltaGas Ltd.
Investment Community
AltaGas Ltd.
(403) 691-9873
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