Enbridge closes C$4.6 billion bought deal public equity financing (the largest public equity financing in Canadian history)
Date Closed
September 8, 2023
Lead Office
Calgary
Value
4.60 Billion CAD
On September 8, 2023, Enbridge closed its C$4.6B bought deal public equity financing (the largest public equity financing in Canadian history). The offering involved the purchase of 102,913,500 common shares of Enbridge by a syndicate of underwriters, led by RBC Capital Markets and Morgan Stanley, together with BMO Capital Markets, CIBC Capital Markets, National Bank Financial Markets, Scotiabank and TD Securities as joint bookrunners.
Enbridge is headquartered in Calgary, Alberta, and is a Canadian multinational energy company.
McCarthy Tétrault advised Enbridge with a team lead by John Osler, K.C. and Toby Allan and included Simran Choongh, Matt Hooker (Business), Brett Anderson, Kim Brown and Adam Unick (Tax).
