Company: ENBSF
Filing Date: 2025-11-19
Form Type: 424B5
Source: 0001104659-25-114102
Chunk: 57

Company: ENBRIDGE INC
Filing Date: 2025-11-19
Form: 424B5
Chunk 57
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 was involved in the decision to offer the Notes or in the determination of the terms of the
distribution of the Notes. The Trustee is an affiliate of Deutsche Bank Securities Inc., an underwriter of the Notes. Under the Trust
Indenture Act of 1939, as amended, due to this affiliation, if a default occurred on the Notes within one year of issuance, Deutsche Bank
Trust Company Americas may be required to resign as Trustee within 90 days of ascertaining the default unless the default (exclusive of
any period of grace or requirement of notice) were cured, duly waived or otherwise eliminated.

If any of the underwriters
or their affiliates has a lending relationship with us or our affiliates, certain of those underwriters or their affiliates routinely
hedge, certain other of those underwriters or their affiliates have hedged and are likely in the future to hedge, and certain other of
those underwriters of their affiliates may hedge, their credit exposure to us consistent with their customary risk management policies.
Typically, these underwriters and their affiliates would hedge that exposure by entering into transactions which consist of either the
purchase of credit default swaps or the creation of short positions in our affiliates’ securities, including potentially the Notes
offered hereby. Any of these credit default swaps or short positions could adversely affect future trading prices of the Notes offered
hereby.

A prospectus supplement in
electronic format may be made available on the websites maintained by one or more of the underwriters.

We have agreed to indemnify
the underwriters against certain liabilities, including liabilities under the U.S. Securities Act, or to contribute to payments the underwriters
may be required to make because of any of those liabilities.

<div align='center'>S-40</div>

ICBC Standard Bank Plc is
restricted in its U.S. securities dealings under the United States Bank Holding Company Act and may not underwrite, subscribe, agree to
purchase or procure purchasers to purchase notes that are offered or sold in the United States. Accordingly, ICBC Standard Bank Plc shall
not be obligated to, and shall not, underwrite, subscribe, agree to purchase or procure purchasers to purchase notes that may be offered
or sold by other underwriters in the United States. ICBC Standard Bank Plc shall offer and sell the Notes constituting part of its allotment
solely outside the United States.

We expect that delivery of
the Notes will be made against payment therefor on or about the date specified on the cover