AltaGas Ltd. Closes 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 24, 2014 
AltaGas Ltd. Closes US$200 Million Medium-Term Note Offering 
CALGARY, ALBERTA--(Marketwired - March 24, 2014) - AltaGas Ltd.
("AltaGas") (TSX:ALA)(TSX:ALA.PR.A)(TSX:ALA.PR.U)(TSX:ALA.PR.E) today
announced that it has completed its US$200 million issue of 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 Offering will be used to reduce bank
indebtedness and for general corporate purposes. 
The Offering was 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 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: 
AltaGas Ltd.
Investment Community
1-877-691-7199
investor.relations@altagas.ca
or
AltaGas Ltd.
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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