Enbridge closes CDN$ 3 billion common share offering, issues 44,735,000 shares
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ENB• Offering closes with full over-allotment exercised
- Enbridge closed a public offering of 44,735,000 common shares, including from the full over-allotment option.
5,835,000 shares
Gross proceeds totaled about CDN$ 3 billion.Net proceeds are earmarked to partly fund announced acquisitions, support future growth opportunities, or temporarily reduce debt.Enbridge closes CDN$ 3 billion common share offering, issues 44,735,000 shares - ENB News | Rallies
