Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: MacroRisk Analytics/EconomicInvestor
Provider: Sadif Analytics (Premium)
Provider: Pechala's Reports

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Enbridge Inc Announces $500 Million Common Equity Offering

Thursday, 4 Apr 2013 04:30pm EDT 

Enbridge Inc announced that it has entered into an agreement with RBC and TD Securities Inc. (the Underwriters) to sell 10,850,000 million treasury common shares, on a bought deal basis, at $46.11 per common share for distribution to the public. Closing of the offering is expected on or about April 16, 2013. Enbridge has granted the Underwriters an option, exercisable at any time up to 48 hours prior to closing of the offering, to purchase up to an additional 2,170,000 million treasury common shares at $46.11 per common share. The offering is being made only in Canada by means of a prospectus. Proceeds will be used to fund our recently announced regional oilsands, renewable energy, and natural gas pipelines and processing projects, reduce outstanding indebtedness, to make investments in subsidiaries and for general corporate purposes. 

Company Quote

0.56 +1.14%
22 Jul 2014