{"id":17109,"date":"2011-11-24T00:30:10","date_gmt":"2011-11-24T04:30:10","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=17109"},"modified":"2011-11-24T00:30:10","modified_gmt":"2011-11-24T04:30:10","slug":"enb-pr-d-reaches-premium-on-huge-volume","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=17109","title":{"rendered":"ENB.PR.D Reaches Premium on Huge Volume"},"content":{"rendered":"<p>Enbridge Inc. <a href=\"http:\/\/www.enbridge.com\/MediaCentre\/News.aspx?yearTab=en2011&#038;id=1533760\">has announced<\/a>:<\/p>\n<blockquote><p>it has closed its previously announced public offering of cumulative redeemable preferred shares, Series D (the &#8220;Series D Preferred Shares&#8221;) 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.<\/p><\/blockquote>\n<p>ENB.PR.D is a FixedReset, 4.00%+237, <a href=\"http:\/\/www.prefblog.com\/?p=17039\">announced November 14<\/a>. The issue traded 1,353,175 shares today in a range of 25.05-20 before closing at 25.10-13, 12&#215;5.<\/p>\n<p>For those interested in market trivia, this is the 88th highest daily share volume in the HIMIPref&trade; database of 632,706 entries.<\/p>\n<p>ENB.PR.D will be tracked by HIMIPref&trade; and is assigned to the FixedReset index. Vital statistics are:<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td>ENB.PR.D<\/td>\n<td>FixedReset<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2041-11-23<br \/>\nMaturity Price  : 23.13<br \/>\nEvaluated at bid price : 25.10<br \/>\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Enbridge Inc. has announced: it has closed its previously announced public offering of cumulative redeemable preferred shares, Series D (the &#8220;Series D Preferred Shares&#8221;) by a syndicate of underwriters co-led by TD Securities Inc, RBC &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-17109","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/17109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17109"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/17109\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}