Enbridge completes C$1B offering of 2.99% medium term notes

On October 3, 2019, Enbridge Inc. completed a C$1 billion offering of 2.99% medium term notes through a syndicate of agents due October 3, 2029. Enbridge intends to use the proceeds for repayment of short term debt, capital expenditures and general corporate purposes.
Enbridge is North America's premier energy infrastructure company with strategic business platforms that include an extensive network of crude oil, liquids and natural gas pipelines, regulated natural gas distribution utilities and renewable power generation.
McCarthy Tétrault LLP advised Enbridge with a team led by John Osler that included Jeremy Busch-Howell and Simran Choongh.