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Banks take maximum amount of Enbridge stock, boosting financing to $2.3 billion
2016-03-01 17:05:23| Oil & Gas - Topix.net
Enbridge Inc. says it raised $2.3 billion in its latest stock offering as its syndicate of underwriters fully exercised their option to buy additional shares in the pipeline operator. The Calgary-based company had initially planned to raise $2 billion, but the underwriters - including Canada's five biggest banks - bought an additional 7.4 million shares.
Enbridge raises $2 billion in financing, with aim of paying down short-term debt
2016-02-25 09:44:39| Energy - Topix.net
Pipeline giant Enbridge Inc. has announced an agreement to raise $2 billion by selling its own shares, the proceeds of which will go toward paying down short-term debt. Enbridge and a group of Canadian and U.S. banks have agreed to issue 49.14 million shares on a bought-deal basis.
Enbridge raises $2 billion in financing, with aim of paying down short-term debt
2016-02-25 02:22:57| Oil & Gas - Topix.net
Pipeline giant Enbridge Inc. has announced an agreement to raise $2 billion by selling its own shares, the proceeds of which will go toward paying down short-term debt. Enbridge and a group of Canadian and U.S. banks have agreed to issue 49.14 million shares on a bought-deal basis.
Enbridge Energy Management, L.L.C. (EEQ) Stock Rating Reaffirmed by Credit Suisse
2016-02-21 09:33:06| Energy - Topix.net
's stock had its "outperform" rating reaffirmed by stock analysts at Credit Suisse in a research note issued to investors on Saturday, Marketbeat.com reports. They presently have a $24.00 price objective on the stock, down from their previous price objective of $34.00.
Tags: management
rating
stock
credit
Enbridge beats expectations, reporting $378M in profit in 4th quarter
2016-02-19 19:18:15| Oil & Gas - Topix.net
Al Monaco, president and CEO of Enbridge Inc., says the company brought a total of 14 development projects worth $8 billion into service in 2015. Enbridge beat expectations with a $378 million profit and $494 million in adjusted earnings in the fourth quarter, a period when it completed several pipeline projects including the reversal and expansion of Line 9B in southern Ontario.
Tags: profit
reporting
quarter
4th
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