CALGARY, Sept. 3, 2019 /CNW/ – AltaGas Ltd. (“AltaGas”) (TSX: ALA) announced today reset dividend rates for the currently outstanding Cumulative Redeemable Five-Year Rate Reset Preferred Shares, Series G (the “Series G Shares”) (TSX: ALA.PR.G) and the Cumulative Redeemable Floating Rate Preferred Shares, Series H (the “Series H Shares”).
As previously announced by AltaGas on August 29, 2019, AltaGas does not intend to exercise its right to redeem its Series G Shares on September 30, 2019 (the “Conversion Date”). As a result, subject to certain conditions, the holders of the Series G Shares have the right to convert … Continue Reading