ENBRIDGE INC 8K
0001104659-26-106404
View on SEC EDGAREnbridge Inc. launched a CDN$2.6 billion bought‑deal common share offering, with an over‑allotment option, to fund acquisitions and bolster financial flexibility.
Enbridge Inc. announced that it has entered into a bought‑deal agreement with a syndicate of underwriters led by RBC Capital Markets and CIBC Capital Markets, under which the underwriters have agreed to purchase 38,900,000 common shares at CDN$66.85 per share for aggregate gross proceeds of approximately CDN$2.6 billion, with an over‑allotment option of up to 15% that could increase total gross proceeds to about CDN$3.0 billion; the offering, expected to close on or about September 14, 2026, will be made via Canadian and U.S. prospectus supplements, and Enbridge intends to use the net proceeds to partially fund announced acquisitions, enhance financial flexibility for future growth opportunities, and potentially temporarily reduce indebtedness or invest in short‑term liquid instruments.
Filing Facts
- CIK
- 895728
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001104659-26-106404
- Alert Tier
- 7