Enbridge Inc. announced on November 13, 2026, that it has successfully completed an offering of senior notes. The company issued a total of $1.1 billion in aggregate principal amount, comprised of two separate series of fixed-to-fixed rate subordinated notes due in 2057.
The offering consisted of $550,000,000 of 6.700% Series A Notes and $550,000,000 of 6.875% Series B Notes. The Series A Notes are governed by a Fifteenth Supplemental Indenture dated November 13, 2026, to the original Indenture from February 25, 2005. Similarly, the Series B Notes are governed by a Sixteenth Supplemental Indenture dated November 13, 2026, also to the original 2005 Indenture.
The notes were issued pursuant to a Registration Statement on Form S-3 (Reg. No. 333-289186) filed with the Securities and Exchange Commission on August 1, 2025. The transaction was managed by underwriters, with the Underwriting Agreement dated November 9, 2026. Legal counsel for the Corporation included Sullivan & Cromwell LLP for U.S. matters and McCarthy Tétrault LLP for Canadian matters.
