Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 123

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 123
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 — — — Preference Shares, Series 58 206 8 206 8 206 Preference Shares, Series 710 250 10 250 10 250 Preference Shares, Series 911 275 11 275 11 275 Preference Shares, Series 1120 500 20 500 20 500 Preference Shares, Series 1314 350 14 350 14 350 Preference Shares, Series 1511 275 11 275 11 275 Preference Shares, Series 1920 500 20 500 20 500 Issuance costs(135)(135)(135)Balance at end of year 6,818 6,818 6,818 1On June 1, 2023, 1,827,695 of the outstanding Preference Shares, Series F were converted into Preference Shares, Series G.2On September 1, 2023, 2,350,602 of the outstanding Preference Shares, Series H were converted into Preference Shares, Series I.3On September 1, 2024, 1,502,775 of the outstanding Preference Shares, Series 3 were converted into Preference Shares, Series 4.

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Characteristics of our outstanding preference shares are as follows:Dividend RateDividend1Per Share BaseRedemptionValue2Redemption andConversionOption Date2,3Right toConvertInto3,4(Canadian dollars unless otherwise stated)Preference Shares, Series A5.50 %$1.37500$25— — Preference Shares, Series B5.20 %$1.30052$25June 1, 2027Series CPreference Shares, Series D5.41 %$1.35300$25March 1, 2028Series EPreference Shares, Series F5.54 %$1.38452$25June 1, 2028Series GPreference Shares, Series G56.15 %$1.51644$25June 1, 2028Series FPreference Shares, Series H6.11 %$1.52800$25September 1, 2028Series IPreference Shares, Series I65.76 %$1.42028$25September 1, 2028Series HPreference Shares, Series L5.86 %US$1.46448US$25September