Westcoast to redeem series 12 cumulative first preferred shares

By Wendy Van Sickle

Columbus, Ohio, Sept. 15 – Westcoast Energy Inc. plans to exercise its right to redeem all of its outstanding cumulative five-year minimum rate reset redeemable first preferred shares, series 12 on Oct. 15 at a price of C$25.00 per share plus accrued dividends, according to a news release.

Computershare Investor Services Inc. is the registrar and transfer agent.

Westcoast is an indirect subsidiary of Enbridge Inc., an oil and gas distribution transportation company based in Calgary, Alta.

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