CALGARY, AB, Aug. 17, 2020 /PRNewswire/ - Enbridge Inc. (TSX:
ENB) (NYSE: ENB) (Enbridge or the Company) announced today that
none of its outstanding Cumulative Redeemable Preference Shares,
Series 15 (Series 15 Shares) will be converted into Cumulative
Redeemable Preference Shares, Series 16 of Enbridge (Series 16
Shares) on September 1, 2020.
After taking into account all conversion notices received from
holders of its outstanding Series 15 Shares by the August 17, 2020 deadline for the conversion of
the Series 15 Shares into Series 16 Shares, less than the 1,000,000
Series 15 Shares required to give effect to conversions into Series
16 Shares were tendered for conversion.
About Enbridge Inc.
Enbridge Inc. is a
leading North American energy infrastructure company. We safely and
reliably deliver the energy people need and want to fuel quality of
life. Our core businesses include Liquids Pipelines, which
transports approximately 25 percent of the crude oil produced in
North America; Gas Transmission
and Midstream, which transports approximately 20 percent of the
natural gas consumed in the U.S.; Gas Distribution and Storage,
which serves approximately 3.8 million retail customers in
Ontario and Quebec; and Renewable Power Generation, which
generates approximately 1,750 MW of net renewable power in
North America and Europe. The Company's common shares trade on
the Toronto and New York stock exchanges under the symbol ENB.
For more information, visit www.enbridge.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Media
Jesse Semko
Toll Free: (888) 992-0997
Email: media@enbridge.com
Investment Community
Jonathan Morgan
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com
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SOURCE Enbridge Inc.