CALGARY, May 19, 2020 /CNW/ - Enbridge Inc. (TSX:
ENB) (NYSE: ENB) (Enbridge or the Company) announced today that
none of its outstanding Cumulative Redeemable Preference Shares,
Series 13 (Series 13 Shares) will be converted into Cumulative
Redeemable Preference Shares, Series 14 of Enbridge (Series 14
Shares) on June 1, 2020.
After taking into account all conversion notices received from
holders of its outstanding Series 13 Shares by the May 19, 2020 deadline for the conversion of the
Series 13 Shares into Series 14 Shares, less than the 1,000,000
Series 13 Shares required to give effect to conversions into Series
14 Shares were tendered for conversion.
About Enbridge Inc.
Enbridge Inc. is a leading North American energy
infrastructure company. We safely and reliably deliver the energy
people need and want to fuel quality of life. Our core businesses
include Liquids Pipelines, which transports approximately 25
percent of the crude oil produced in North America; Gas Transmission and Midstream,
which transports approximately 20 percent of the natural gas
consumed in the U.S.; Gas Distribution and Storage, which serves
approximately 3.8 million retail customers in Ontario and Quebec; and Renewable Power Generation, which
generates approximately 1,750 MW of net renewable power in
North America and Europe. The Company's common shares trade on
the Toronto and New York stock exchanges under the symbol ENB.
For more information, visit www.enbridge.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Media
Jesse Semko
Toll Free: (888) 992-0997
Email: media@enbridge.com
Investment Community
Jonathan
Morgan
Toll Free: (800) 481-2804
Email: Investor.Relations@Enbridge.Com
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SOURCE Enbridge Inc.