Enbridge files mixed shelf offering of up to $7 billion - SEC

Mon Aug 22, 2016 12:52pm EDT
 
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CALGARY, Alberta (Reuters) - Enbridge Inc, Canada's largest pipeline company, filed a mixed shelf offering of up to $7 billion with the U.S. Securities and Exchange Commissions on Monday, according to a SEC filing.

The company said the proceeds from the sale of the securities are not expected to be applied to fund any specific project, but will be added to Enbridge's funds for general corporate purchases.

(Reporting by Nia Williams; Editing by Chizu Nomiyama)

 
An Enbridge high pressure oil pipeline sign stands as smoke billows from the Fort McMurray in Kinosis, Alberta, Canada, May 5, 2016. REUTERS/Mark Blinch