Text Size:
A | A

Enbridge Launches $200 Million Share Offering

Text Size: A | A
December 3, 2013

Enbridge Inc. (NYSE: ENB; TO: ENB) entered into an agreement with a group of underwriters to sell 8 million series 7 preferred shares at $25 per share for distribution to the public.

Enbridge has granted to the underwriters an option, exercisable at any time up to 48 hours prior to the closing of the offering, to purchase up to an additional 2 million shares at $25 per share. Closing of the offering is expected on Dec. 12.

The offering is being made only in Canada by means of a prospectus ...

Already a subscriber? Log In
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription