Summary
Enbridge Inc. (ENB) announced the successful completion of a significant debt offering on March 27, 2026. The company issued US$2 billion in aggregate principal amount of senior notes, split equally between US$1 billion of 4.850% Senior Notes due 2031 and US$1 billion of 5.450% Senior Notes due 2036. These notes are unconditionally guaranteed by two indirect, wholly-owned subsidiaries, Enbridge Energy Partners, L.P. and Spectra Energy Partners, LP, which provides additional security for noteholders.
Key Highlights
- 1Completed offering of US$1 billion of 4.850% Senior Notes due 2031.
- 2Completed offering of US$1 billion of 5.450% Senior Notes due 2036.
- 3Total aggregate principal amount of debt issued is US$2 billion.
- 4Notes are fully and unconditionally guaranteed by Enbridge Energy Partners, L.P. and Spectra Energy Partners, LP.
- 5Debt offering was conducted under Enbridge's existing Form S-3 Registration Statement filed on August 1, 2025.
- 6Filed key underwriting agreements and legal opinions as exhibits to the report.