Advertisement
Canada markets closed
  • S&P/TSX

    21,969.24
    +83.86 (+0.38%)
     
  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     
  • DOW

    38,239.66
    +153.86 (+0.40%)
     
  • CAD/USD

    0.7316
    -0.0007 (-0.09%)
     
  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     
  • Bitcoin CAD

    85,743.77
    -1,894.49 (-2.16%)
     
  • CMC Crypto 200

    1,313.27
    -83.27 (-5.96%)
     
  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     
  • RUSSELL 2000

    2,002.00
    +20.88 (+1.05%)
     
  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     
  • NASDAQ

    15,927.90
    +316.14 (+2.03%)
     
  • VOLATILITY

    15.03
    -0.34 (-2.21%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6838
    +0.0017 (+0.25%)
     

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

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 (Reuters)

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)