Enbridge files $1 billion shelf

By Ted A. Knutson

Washington, Feb. 4 - Enbridge Inc. filed a $1 billion shelf in an F-10 registration with the Securities and Exchange Commission.

Included in the registration are debt securities, common shares and preferred shares. The shelf also allows for the sale of convertibles.

The Calgary, Alta.-based natural gas pipeline operator said proceeds from offerings authorized by the shelf would be used for general corporate purposes, which may include capital expenditures, the repayment of debt and the financing of acquisitions.

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