AltaGas Ltd. announced that it has closed its previously announced issuance of CAD 400 million of senior unsecured medium term notes (the "Offering") with aoupon rate of 4.672%, maturing on January 8, 2029. The net proceeds resulting from the Offering will be used to pay down existing indebtedness under AltaGas' credit facilities, to fund working capital, and for general corporate purposes. A portion of the current indebtedness under AltaGas's credit facilities was incurred to fund the debt portion of the Pipestone asset acquisition, which closed on December 22, 2023.