Enbridge (ENB) Announces $400M Equity Offering

May 31, 2012 5:01 PM EDT Send to a Friend
Enbridge (NYSE: ENB) announces a $400 million common stock offering. The company has entered into an agreement with TD Securities to sell 9.83 million treasury shares at $40.71 per common share for distribution to the public. Enbridge has granted TD an option to purchase an additional 2.457 million treasury shares at $40.71 per share.


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