other material
confidence high
sentiment negative
materiality 0.65
Enbridge enters into ATM equity distribution agreement for up to C$2.75B common shares
ENBRIDGE INC
- Agreement with BMO Capital Markets, BMO Nesbitt Burns and other agents for at-the-market equity offering.
- Maximum aggregate offering of C$2.75B (or USD equivalent) in common shares.
- Sales may be made on NYSE, TSX, or other marketplaces in block or negotiated transactions.
- Offering conducted concurrently in Canada via prospectus supplement and in US under effective shelf registration.
- Actual sales depend on market conditions, trading price, capital needs; no set timetable.