Enbridge Inc. closes USD$2.25B offering of senior notes across four tranches

On June 20, 2025, Enbridge Inc. closed its offering of four tranches of senior notes in the aggregate principal amount of USD$2.25 billion. The offering consisted of USD$400 million aggregate principal amount of its 4.6% senior notes due 2028, USD$600 million aggregate principal amount of its 4.9% senior notes due 2030, USD$900 million aggregate principal amount of its 5.55% senior notes due 2035 and an additional USD$350 million aggregate principal amount of its 5.95% senior notes due 2054.
Enbridge Inc. is a Canadian multinational pipeline and energy company, which transports crude oil, natural gas, and natural gas liquids, throughout North America.
McCarthy Tétrault advised Enbridge Inc. with a team led by Toby Allan that included Rebecca Wieschkowski, Jonathan Brisebois (Business), Brett Anderson, Kim Brown and Adam Unick (Tax).