ENB.PR.D Reaches Premium on Huge Volume

Enbridge Inc. has announced:

it has closed its previously announced public offering of cumulative redeemable preferred shares, Series D (the “Series D Preferred Shares”) by a syndicate of underwriters co-led by TD Securities Inc, RBC Capital Markets and Scotia Capital Inc. Enbridge issued 18 million Series D Preferred Shares for gross proceeds of $450 million. The Series D Preferred Shares will begin trading on the TSX today under the symbol ENB.PR.D. The proceeds will be used for capital expenditures, to repay indebtedness and for other general corporate purposes.

ENB.PR.D is a FixedReset, 4.00%+237, announced November 14. The issue traded 1,353,175 shares today in a range of 25.05-20 before closing at 25.10-13, 12×5.

For those interested in market trivia, this is the 88th highest daily share volume in the HIMIPref™ database of 632,706 entries.

ENB.PR.D will be tracked by HIMIPref™ and is assigned to the FixedReset index. Vital statistics are:

ENB.PR.D FixedReset YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2041-11-23
Maturity Price : 23.13
Evaluated at bid price : 25.10
Bid-YTW : 3.67 %

9 Responses to “ENB.PR.D Reaches Premium on Huge Volume”

  1. […] Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2041-11-24 Maturity Price : 23.13 Evaluated at bid price : 25.10 Bid-YTW : 3.67 % […]

  2. […] Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2041-11-25 Maturity Price : 23.13 Evaluated at bid price : 25.10 Bid-YTW : 3.67 % […]

  3. […] Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2041-11-28 Maturity Price : 23.13 Evaluated at bid price : 25.10 Bid-YTW : 3.74 % […]

  4. […] Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2041-12-02 Maturity Price : 23.15 Evaluated at bid price : 25.15 Bid-YTW : 3.73 % […]

  5. […] Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2041-12-05 Maturity Price : 23.14 Evaluated at bid price : 25.11 Bid-YTW : 3.67 % […]

  6. […] Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2041-12-08 Maturity Price : 23.15 Evaluated at bid price : 25.16 Bid-YTW : 3.66 % […]

  7. […] Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2041-12-09 Maturity Price : 23.16 Evaluated at bid price : 25.17 Bid-YTW : 3.61 % […]

  8. […] Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2041-12-12 Maturity Price : 23.15 Evaluated at bid price : 25.16 Bid-YTW : 3.61 % […]

  9. […] Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2041-12-20 Maturity Price : 23.18 Evaluated at bid price : 25.25 Bid-YTW : 3.53 % […]

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