Enbridge provides notice of series 11 preferred shares conversion right and announces reset dividend rates

Calgary, ab , jan. 30, 2025 /prnewswire/ - enbridge inc. (tsx: enb) (nyse: enb) (enbridge or the company) announced today that it does not intend to exercise its right to redeem its currently outstanding cumulative redeemable preference shares, series 11 (series 11 shares) (tsx: enb.pf.c) on march 1, 2025. as a result, subject to certain conditions, the holders of the series 11 shares have the right to convert all or part of their series 11 shares on a one-for-one basis into cumulative redeemable preference shares, series 12 of enbridge (series 12 shares) on march 1, 2025.
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