AltaGas Ltd. Announces US$200 Million Medium-Term Note Offering

NEWS RELEASE TRANSMITTED BY Marketwired 
FOR: AltaGas Ltd. 
TSX SYMBOL:  ALA
TSX SYMBOL:  ALA.PR.A
TSX SYMBOL:  ALA.PR.U
TSX SYMBOL:  ALA.PR.E 
MARCH 19, 2014 
AltaGas Ltd. Announces US$200 Million Medium-Term Note Offering 
CALGARY, ALBERTA--(Marketwired - March 19, 2014) - AltaGas Ltd.
("AltaGas") (TSX:ALA)(TSX:ALA.PR.A)(TSX:ALA.PR.U)(TSX:ALA.PR.E) today
announced that it has agreed to issue US$200 million senior unsecured
medium-term notes ("the Offering"). The notes carry a floating rate
coupon of three month LIBOR plus 0.72% and mature on March 24, 2016. 
The net proceeds resulting from the issuance of the Offering will be used to
reduce bank indebtedness and for general corporate purposes. 
The Offering is being made through a syndicate of investment dealers co-led by
BMO Capital Markets as sole bookrunner and Scotiabank under AltaGas' Short
Form Base Shelf Prospectus dated August 23, 2013 and Prospectus Supplement
dated January 7, 2014. 
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 visit: www.altagas.ca 
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 closing of
the Offering, the use of proceeds of the Offering, the maintenance of its
investment grade rating, business objectives, expected growth, results of
operations, business projects and opportunities and financial results. 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, or incorporated by reference 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. The forward-looking
statements contained in this news release are expressly qualified by this
cautionary statement. 
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FOR FURTHER INFORMATION PLEASE CONTACT: 
Investment Community
1-877-691-7199
investor.relations@altagas.ca
or
Media
(403) 269-5701
media.relations@altagas.ca 
INDUSTRY:  Energy and Utilities - Oil and Gas , Energy and Utilities -
Utilities 
SUBJECT:  STK 
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-0- Mar/20/2014 01:27 GMT
 
 
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