CALGARY, May 17, 2019 /PRNewswire/ - Enbridge Inc. (TSX:
ENB) (NYSE: ENB) (Enbridge or the Company) announced today that
none of Enbridge's outstanding Cumulative Redeemable Preference
Shares, Series R (Series R Shares) will be converted into
Cumulative Redeemable Preference Shares, Series S of Enbridge
(Series S Shares) on June 1,
2019.
After taking into account all conversion notices received from
holders of its outstanding Series R Shares by the May 17, 2019 deadline for the conversion of
the Series R Shares into Series S Shares, less than the 1,000,000
Series R Shares required to give effect to conversions into Series
S Shares were tendered for conversion.
About Enbridge Inc.
Enbridge Inc. is
North America's premier energy
infrastructure company with strategic business platforms that
include an extensive network of crude oil, liquids and natural gas
pipelines, regulated natural gas distribution utilities and
renewable power generation. The Company safely delivers an average
of 2.9 million barrels of crude oil each day through its Mainline
and Express Pipeline; accounts for approximately 62% of U.S.-bound
Canadian crude oil exports; and moves approximately 18% of all
natural gas consumed in the U.S., serving key supply basins and
demand markets. The Company's regulated utilities serve
approximately 3.7 million retail customers in Ontario, Quebec, and New
Brunswick. Enbridge also generates approximately 1,600 MW of
net renewable energy power in North
America and Europe. The
Company's common shares trade on the Toronto and New
York stock exchanges under the symbol ENB.
Life takes energy and Enbridge exists to fuel people's
quality of life. For more information, visit
www.enbridge.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Media
Tracie Kenyon
Toll Free: (888) 992-0997
Email: media@enbridge.com
Investment Community
Jonathan Gould
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com
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SOURCE Enbridge Inc.