Enbridge Inc. completes US$1.5B total senior notes offering
February 17, 2022
1.50 Billion USD
On February 17, 2022, Enbridge Inc. completed its offering of US$400,000,000 aggregate principal amount of 2.150% Senior Notes due 2024, US$500,000,000 aggregate principal amount of 2.500% Senior Notes due 2025 and US$600,000,000 aggregate principal amount of Floating Rate Senior Notes due 2024 (collectively, the “Notes”). The offering closed on February 17, 2022 for a total of US$1,500,000,000. The Notes are fully and unconditionally guaranteed by Enbridge Energy Partners, L.P. and Spectra Energy Partners, LP.
Enbridge Inc., based in Calgary, is a Canadian multinational energy transportation company.
McCarthy Tétrault advised Enbridge Inc. with a team led by John Osler, Q.C. that included Toby Allan, Simran Choongh, (Business) Brett Anderson, and Mike Hegedus (Tax).