other material
confidence high
sentiment neutral
materiality 0.60
Enbridge launches CDN$2.6B bought-deal common share offering at CDN$66.85/share
ENBRIDGE INC
- 38.9M common shares at CDN$66.85 each, gross proceeds CDN$2.6B.
- Proceeds to partially fund announced acquisitions and create financial flexibility; may temporarily reduce debt.
- Underwriters led by RBC and CIBC; over-allotment option up to 15% (total ~CDN$3.0B if exercised).
- Offering expected to close on or about September 14, 2026.