Enbridge completes $1.1 billion subordinated notes offering due 2057

Enbridge Inc., a major energy company, has successfully completed a $1.1 billion offering of subordinated notes due in 2057. The company issued $550 million in Series A notes with a 6.700% fixed-to-fixed rate and another $550 million in Series B notes with a 6.875% fixed-to-fixed rate. These notes were issued pursuant to a registration statement filed with the SEC on August 1, 2025.

The underwriting agreement for these notes was finalized on November 9, 2026, between Enbridge and its underwriters. The Series A and Series B notes are regulated by supplemental indentures dated November 13, 2026, which were signed by Enbridge and Deutsche Bank Trust Company Americas. The legal validity of these notes was confirmed by Sullivan & Cromwell LLP as the U.S. counsel and McCarthy Tétrault LLP as the Canadian counsel.

The offering details, along with related documents, were filed as exhibits to Enbridge's current report on Form 8-K. This information, based on a press release and the company's filing with the Securities and Exchange Commission, was compiled with the help of AI technology and reviewed by a human editor.