ALA.PR.U AltaGas Ltd

AltaGas Ltd. ("AltaGas") (TSX:ALA)(TSX:ALA.PR.A)(TSX:ALA.PR.U)(TSX:ALA.PR.E)
today announced that it has completed its aggregate $300 million issue of senior
unsecured medium term notes (collectively, the "Offering"), specifically:




--  $200 million medium term notes with a coupon rate of 4.40 percent,
    maturing on March 15, 2024; and 
    
--  $100 million medium term notes with a coupon rate of 5.16 percent,
    maturing on January 13, 2044. 



The net proceeds resulting from the Offering will be used by AltaGas to pay down
existing indebtedness and for general corporate purposes.


The Offering was made through a syndicate of investment dealers co-led by CIBC
World Markets Inc. and National Bank Financial Inc. 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 from the Offering, business objectives, expected growth and business
projects and opportunities. 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
AltaGas Ltd.
Investment Community
1-877-691-7199
investor.relations@altagas.ca


AltaGas Ltd.
Media
(403) 269-5701
media.relations@altagas.ca
www.altagas.ca

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