BRIEF-AltaGas Ltd. announces $400 million common share offering

Thu May 26, 2016 3:39pm EDT
 
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May 26 (Reuters) - Altagas Ltd :

* AltaGas Ltd. announces $400 million common share offering

* Net proceeds resulting from offering will be used to partially fund AltaGas' capital growth program

* Agreement with underwriters issue 13.4 million common shares on a bought deal basis, at an issue price of $30.00 per common share Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)