February 13, 2017 / 3:10 PM / 6 months ago

BRIEF-ALTAGAS LTD ANNOUNCES $200 MLN PREFERRED SHARE OFFERING

Feb 13 (Reuters) - Altagas Ltd

* ALTAGAS LTD. ANNOUNCES $200 MILLION PREFERRED SHARE OFFERING

* WILL ISSUE 8 MILLION CUMULATIVE 5-YEAR MINIMUM RATE RESET REDEEMABLE PREFERRED SHARES, SERIES K

* NET PROCEEDS FROM OFFERING WILL BE USED TO REDUCE EXISTING INDEBTEDNESS Source text for Eikon: Further company coverage:

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