Enbridge Inc. establishes ATM program
Date Announced
May 16, 2024
Lead Office
Calgary
Value
2.75 Billion CAD
On May 16, 2024, Enbridge Inc. (“Enbridge”) filed Canadian and US prospectus supplements to establish an "at-the-market" distribution program (the "ATM Program"). Pursuant to the ATM Program, Enbridge may issue and sell up to C$2.75 billion (or the U.S. dollar equivalent) of its common shares from treasury to the public from time to time.
Enbridge, headquartered in Calgary, Alberta, is a Canadian multinational energy transportation company.
McCarthy Tétrault is advising Enbridge Inc. on Canadian legal matters with a team led by Toby Allan that included Kiana Mozaffari (Business), Brett Anderson, Kim Brown and Adam Unick (Tax).