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

AltaGas Ltd. Closes US$175 Million Medium-Term Note Offering 
CALGARY, ALBERTA -- (Marketwired) -- 04/12/13 -- AltaGas Ltd.
("AltaGas") (TSX:ALA) (TSX:ALA.PR.A) (TSX:ALA.PR.U) today announced
that it has completed its US$175 million issue of senior unsecured
medium-term notes ("the Offering"). The notes carry a floating 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 acted as the sole agent for the Offering which
was 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
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 factor
s 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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