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Enbridge Closes Share Offer

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June 25, 2014

Enbridge Inc. (TO: ENB.TO, NYSE: ENB) closed its public offering of 7.86 million common shares, the company said June 24.

Gross proceeds of about CA$400 million will support the Line 3 replacement program’s incremental capital, and also support general corporate purposes, the company said.

RBC Capital Markets and Credit Suisse (NYSE: CS) led the offer, Enbridge added.

Calgary, Alberta-based Enbridge Inc. transports oil and natural gas across North America. ...

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