Enbridge Inc. completes US$3B total senior notes offering
March 8, 2023
3.00 Billion USD
On March 8, 2023, Enbridge Inc. closed its offering of US$2,300,000,000 aggregate principal amount of its 5.700% sustainability-linked senior notes due 2033 and US$700,000,000 aggregate principal amount of its 5.969% senior notes due 2026. The notes are fully and unconditionally guaranteed by Enbridge Energy Partners, L.P. and Spectra Energy Partners, LP each of which is an indirect, wholly-owned subsidiary of the Corporation.
Enbridge Inc., based in Calgary, is a Canadian multinational energy transportation company.
McCarthy Tétrault advised Enbridge Inc. with a team led by John Osler, K.C. that included Toby Allan, Simran Choongh (Business),Brett Anderson and Kim Brown (Tax).