debt
confidence high
sentiment neutral
materiality 0.50
Enbridge issues $1.2B in subordinated notes: $500M 7.375% due 2055, $700M 7.200% due 2054
ENBRIDGE INC
- Completed offering of $500M 7.375% Fixed-to-Fixed Rate Subordinated Notes due 2055.
- Completed offering of $700M 7.200% Fixed-to-Fixed Rate Subordinated Notes due 2054.
- Notes issued under existing shelf registration; underwriters party to June 24, 2024 agreement.
- Supplemental indentures dated June 27, 2024 with Deutsche Bank Trust Company Americas.