11:31 AM EST - Enbridge Inc. : announced that it has entered into an agreement with a group of underwriters to sell 12 million cumulative redeemable preference shares, series b (the "Series B Preferred Shares") at a price of $25.00 per share for distribution to the public. Closing of the offering is expected on or about September 30, 2011. Enbridge Inc.
shares T.ENB are trading even at $31.78.
