November 15, 2016 / 2:38 PM / in a year

BRIEF-Enbridge announces $500 million preferred share offering

Nov 15 (Reuters) - Enbridge Inc

* Enbridge Inc - To sell 20 million cumulative redeemable minimum rate reset preference shares, series 17 at a price of $25.00 per share

* Enbridge Inc says proceeds are expected to be used to partially fund capital projects, to reduce existing indebtedness

* Enbridge announces $500 million preferred share offering Source text for Eikon: Further company coverage:

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