Enbridge Inc. - 2013-12-03

Entered into an agreement with a group of underwriters to sell 8 million series 7 preferred shares at $25 per share for distribution to the public with an over-allotment option. Proceeds will be used to partially fund capital projects, to reduce existing indebtedness, and for other general corporate purposes. Scotiabank, CIBC, RBC Capital Markets, and TD Securities Inc. led the syndicate of underwriters.