{"id":49547,"date":"2018-08-23T21:13:00","date_gmt":"2018-08-24T01:13:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49547"},"modified":"2025-08-21T21:15:07","modified_gmt":"2025-08-22T01:15:07","slug":"enb-pr-h-no-conversion-to-floatingreset","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49547","title":{"rendered":"ENB.PR.H : No Conversion to FloatingReset"},"content":{"rendered":"<p>Enbridge Inc. <a href=\"http:\/\/www.enbridge.com\/media-center\/news\/details?id=123525\">has announced<\/a>:<\/p>\n<blockquote>\n<p>that none of Enbridge&#8217;s outstanding Cumulative Redeemable Preference Shares, Series H (Series H Shares) will be converted into Cumulative Redeemable Preference Shares, Series I of Enbridge (Series I Shares) on September 1, 2018.<\/p>\n<p>After taking into account all conversion notices received from holders of its outstanding Series H Shares by the August 17, 2018 deadline for the conversion of the Series H Shares into Series I Shares, less than the 1,000,000 Series H Shares required to give effect to conversions into Series I Shares were tendered for conversion.<\/p>\n<\/blockquote>\n<p>ENB.PR.H is a FixedReset, 4.00%+212, that <a href=\"https:\/\/prefblog.com\/?p=18224\">commenced trading 2012-3-29<\/a> after being <a href=\"http:\/\/www.prefblog.com\/?p=18149\">announced 2012-3-20<\/a>. It will <a href=\"https:\/\/prefblog.com\/?p=37029\">reset to 4.376%<\/a> effective 2018-9-1<\/a>. The issue is tracked by HIMIPref\u2122 but relegated to the Scraps index on credit concerns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Enbridge Inc. has announced: that none of Enbridge&#8217;s outstanding Cumulative Redeemable Preference Shares, Series H (Series H Shares) will be converted into Cumulative Redeemable Preference Shares, Series I of Enbridge (Series I Shares) on September &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-49547","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49547","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=49547"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49547\/revisions"}],"predecessor-version":[{"id":49548,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49547\/revisions\/49548"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}