Enbridge Inc.

The Underwriters in Enbridge Inc.’s US$1.5 billion offering of notes


Enbridge Inc.


US$1.5 billion


Capital Markets

Date Closed

February 2022



Lead Office



On February 19, 2022, Enbridge completed its three tranche public offering consisting of US$400 million 2.15% senior notes, US$500 million 2.5% senior notes and US$600 million floating rate senior notes. The offerings have aggregate proceeds of approximately US$1.5 billion and were made through a syndicate of underwriters with BofA Securities, Inc., Mizuho Securities USA Inc., SMBC Nikko Securities America, Inc., Truist Securities, Inc. acting as bookrunners.

Enbridge Inc. is a North American energy infrastructure company specializing in liquids pipelines, gas distribution and storage and renewable power generation.

Osler, Hoskin & Harcourt LLP acted as Canadian counsel to the Underwriters with a team consisting of John Macfarlane, Bradley Lastman (Corporate), Timothy Hughes, and James Chang (Tax).