AltaGas Ltd T.ALA

Something is cooking on '''financing'' site $ 2,5 B possible

[bossu]

New Issue February 12, 2021 ALTAGAS LTD. $2,500,000,000 Common Shares Preferred Shares Subscription Receipts Debt Securities Units

SEDAR Preliminary Short Form Prospectus

SEDAR Preliminary Short Form Prospectus

From Stockwatch Site

[TimeBuilder]

Is ALA looking to take a run @  IPL  or maybe even  ARX in the future !! ..Just thinking outside the box... Anything is possible IMO Hold  all 3 long term so NO bother by this investor..  ;>O

[bossu]

AltaGas Ltd. ("AltaGas" or the "Corporation") may from time to time offer and issue the following securities: (i) common shares in the capital of AltaGas ("Common Shares"); (ii) preferred shares in series in the capital of AltaGas ("Preferred Shares"); (iii) subscription receipts ("Subscription Receipts"); (iv) notes or other types of unsecured

[GunnerG]

Normal course of business.  "Preliminary"  Shelf Prospectus Prospectus generally refers to the offering document used by the issuer and the underwriters to market a public offering of securities. A shelf prospectus is a type of prospectus that allows a single short form prospectus to be filed on SEDAR for a public

[rfguysd]

GunnerR:   Likely  Altagas needs  some  funds  for  the payment  of Petrogas 750M announced  last October(closed in Dec).  Market  viewed purchase in a favourable light last  Oct. GLTA RFguy

[bossu]

They already have the financing through the sale of Notes during 2020;; Find something else.! But selling Notes at 2,00 % is very good for ALA  and selling $ 1B mean another $ 20 M saving from financing...as simple as that !

[GunnerG]

Well you didn't seem to understand the prior explanation.  They are not issuing thing any at this time, its a future event with the time to be determined. Maybe this one will help: What is a Shelf Prospectus? A shelf prospectus is a short form prospectus that permits companies to offer, from time to time over a 25-month period, up to a maximum aggregate dollar value of one or more