Enbridge 6.375% Fixed-to-Floating Rate Subordinated Notes Series 2018-B due 2078
By: Tim McPartland,
Date Issued 04/5/2018
Shares Issued 21,000,000 Overallotment Shares 3,000,000
S&P Rating BBB- Moodys Rating Ba2
----ADVERTISEMENT----
Security Ticker Symbol ENBA
Market Traded ON NYSE
Interest Payment Paid the 15th of January, April, July and October beginning on 7/15/2018
Quarterly Interest . 398 Annual Interest 1.594
Securities may be redeemed, at the issuers option, as early as 4/15/2023 for a redemption price of $25/share plus accrued interest
----ADVERTISEMENT----
Coupon is fixed until 4/15/2023
Payments are NOT a Qualified Distribution–payments are interest not dividends
Maturity Date 4/15/2078
