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DBRS rates AltaGas notes BBB
DBRS said it assigned a rating of BBB with a stable trend to the C$300 million 3.57% senior unsecured medium-term notes issue of AltaGas Ltd., maturing on June 12, 2023. The issue is expected to settle on June 11.
Net proceeds from the sale of the securities will be used for repayment of existing debt and for general corporate purposes.
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