A group of Canadian underwriters will now sell 11 million Series 15 Cumulative Redeemable Preference Shares at $25.00 per share for distribution to the public, up from eight million originally..
The expected offering close is 23 September.
Enbridge will use part of the proceeds to fund capital projects, with the balance to retire debt and for other corporate purposes.
The syndicate of underwriters is led by TD Securities, CIBC World Markets, RBC Capital Markets and Scotiabank.
The
