TSX:ENBOil and Gas
Assessing Enbridge’s Valuation After Bond Sale, Strong Q4 Results And Dividend Growth Optimism
Enbridge’s bond sale adds another layer to the story
Enbridge (TSX:ENB) has just closed several fixed income offerings that sit alongside strong fourth quarter results, growing investor interest in its dividend profile, and progress on large U.S. gas utility acquisitions.
The company issued three tranches of unsecured, unsubordinated notes, giving investors extra detail on how it is financing an extensive capital backlog while working through integration and regulatory hurdles on both sides...