Enbridge Energy Partners LP - 2013-02-26
Description
Priced an underwritten public offering of 9 million of its listed shares. Net proceeds will be used to invest in an equal number of i-units of Enbridge Energy Partners LP. Enbridge Partners will use proceeds to repay commercial paper, to finance a portion of its capital expansion program relating to its core liquids and natural gas systems and for general partnership purposes. Some or all of the net proceeds may be invested temporarily in short-term investment grade securities pending their use for such purposes. Credit Suisse, BofA Merrill Lynch, Barclays and Goldman, Sachs & Co. are joint book-running managers.