Enbridge Completes US$400M Preferred Share Offering

Enbridge Inc. closed a public offering of Cumulative Redeemable Preference Shares, Series L. The Series L Preferred Shares were offered by a syndicate of underwriters led by Scotia Capital Inc., RBC Dominion Securities Inc. and TD Securities Inc. Enbridge issued 16 million Series L Preferred Shares for gross proceeds of US$400 million.

Enbridge was represented internally by a team that included Vas Antoniou and Gillian Findlay and by McCarthy T├ętrault LLP with a team that included John Osler, Matthew Lawson and Wilson Acton.

The underwriters were represented by Fraser Milner Casgrain LLP with a team that included Dale Skinner, Toby Allan, Keith Inman and Dan Shea.

Lawyer(s)

Matthew E. Lawson Thoburn (Toby) B. Allan Wilson Acton Dale E. Skinner Keith Inman Vasiliki Antoniou John S. Osler Gillian E. Findlay