Enbridge says no series N preferred shares will be converted

Chicago, Nov. 16 – Enbridge Inc. said no series N cumulative redeemable preference shares will be converted into series O cumulative redeemable preferences shares on Dec. 1, according to a press release.

Taking into account all conversion notices received by the Nov. 16 deadline, less than the 1 million shares required to give effect to conversions were tendered.

Enbridge is an energy infrastructure company based in Calgary, Alta.

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