Enbridge Pipelines Completes 2.93% Medium Term Notes Offering For $238 Million: A Move that may Support its Expansion Plans

Enbridge Pipelines Completes 2.93% Medium Term Notes Offering For $238 Million: A Move that may Support its Expansion Plans

Summary

Enbridge Pipelines, Inc. (Enbridge Pipelines), a subsidiary of Enbridge Inc., completed a public offering of 2.93% medium-term notes due 2015, for gross proceeds of CAD250m ($238m). The notes were issued at a price of 102.17 to yield 2.93%. The Bank of Nova Scotia acted as joint book running manager with respect to the offering

Scope

• Enbridge Pipelines is plans to expand its business through these funds

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