AltaGas Secures $500M in Medium Term Note Offering
Calgary-based energy infrastructure firm AltaGas Ltd. has successfully completed a $500 million medium-term note offering, a strategic financial move executed on November 10, 2025. The notes carry a 3.025% annual interest rate and are set to mature on November 10, 2027.
The proceeds, denominated entirely in Canadian dollars, are earmarked for the repayment of existing debts, bolstering the company's working capital, and supporting general corporate strategies. This issuance was facilitated by a syndicate led by TD Securities Inc. and National Bank Financial Inc., aligning with AltaGas’ Short Form Base Shelf Prospectus.
As a significant player in North America's energy infrastructure, with its headquarters firmly in Calgary, AltaGas's latest financial initiative underscores its commitment to sustainable growth and financial resilience within a dynamic energy landscape. The local energy sector continues to adapt to evolving regulations and rising demand, with firms like AltaGas crucial for delivering reliable energy solutions and supporting Calgary’s broader economic outlook. This financial bolstering positions the Calgary-headquartered company to navigate these market shifts and contribute to the region's energy stability.
