Company: ENBSF
Filing Date: 2025-11-17
Form Type: 424B5
Source: 0001104659-25-112992
Chunk: 18

Company: ENBRIDGE INC
Filing Date: 2025-11-17
Form: 424B5
Chunk 18
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by the Corporation prior to maturity as described below under “Redemption — Optional Redemption”.

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The Notes will be subject to the provisions of the Indenture relating to Defeasance and Covenant Defeasance as described under the heading“— Defeasance”in this prospectus supplement.

The provisions of the Indenture relating to the payment of additional amounts in respect of Canadian withholding taxes in certain circumstances and relating to the redemption of the Notes in the event of specified changes in Canadian withholding tax law on or after the date of this prospectus supplement will apply to the Notes. See “— Payment of Additional Amounts” and “— Redemption — Tax
Redemption” in this prospectus supplement.

The Notes will not be entitled
to the benefit of any sinking fund, will not be convertible into other securities of the Corporation in lieu of payment of principal and
will not be listed on any automated quotation system, and we do not intend to apply for listing of the Notes on any securities exchange.

The Notes will be denominated in U.S. dollars, and payments of principal of, and premium, if any, and interest on, the Notes will be made in U.S. dollars in the manner and on terms set out in the Indenture.Payments of principal of, and premium, if any, and interest on, the Notes will be made by the Corporation through the Trustee to the Depositary. See “— Book-Entry System”in this prospectus supplement.

“Business Day”
means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in the City of New York
and in the applicable Place of Payment (as defined in the Indenture), if other than the City of New York, are authorized or obligated
by law or executive order to close. The initial Place of Payment for the Notes will be the Trustee’s corporate trust office in The
City of New York.

The Corporation may, at any
time, and from time to time in accordance with the terms of the Indenture, issue additional Notes of any series in unlimited amounts having
the same terms as the 2028 Notes, the 2031 Notes or the 2035 Notes, as the case may be, and such additional Notes will, together with
the then outstanding 2028 Notes, 2031 Notes or 2035 Notes, as the case may be, and any notes which may be issued in