Company: ENBSF
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000895728-25-000012
Chunk: 38

Company: ENBRIDGE INC
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 1
Chunk 38
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 carry a weighted average standby fee of 0.1% per annum on the unused portion and draws bear interest at market rates. Certain credit facilities serve as a back-stop to our commercial paper programs and we have the option to extend such facilities, which are currently scheduled to mature from 2025 to 2049.As at March 31, 2025 and December 31, 2024, commercial paper and credit facility draws, net of short-term borrowings and non-revolving credit facilities that mature within one year, of $11.2 billion and $10.3 billion, respectively, were supported by the availability of long-term committed credit facilities and, therefore, have been classified as long-term debt.LONG-TERM DEBT ISSUANCESDuring the three months ended March 31, 2025, we completed the following long-term debt issuances totaling $2.8 billion:CompanyIssue DatePrincipal Amount(millions of Canadian dollars, unless otherwise stated)Enbridge Inc.February 2025Floating rate medium-term notes due February 20281$400February 20253.55%medium-term notes due February 2028$300February 20253.90%medium-term notes due February 2030$800February 20254.56%medium-term notes due February 2035$700February 20255.32%medium-term notes due August 2054$6001Notes carry an interest rate set to equal the Canadian Overnight Repo Rate Average plus a margin of 85 basis points.

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LONG-TERM DEBT REPAYMENTSDuring the three months ended March 31, 2025, we completed the following long-term debt repayments totaling US$1.9 billion, and $0.1 billion:CompanyRepayment DatePrincipal Amount(millions of Canadian dollars, unless otherwise stated)Enbridge Inc.January 20252.50%senior notesUS$500February 20252.50%senior notesUS$500Enbridge Pipelines Inc.February 20254.10%medium-term notes1$100Spectra Energy Partners, LPMarch 20253.50%senior notesUS$500Enbridge Holdings (Tomorrow RNG), LLCJanuary 20254.97%senior notesUS$309January 20254.97%senior notesUS$85January 20254.97%senior notesUS$191The notes carried an original maturity date in July 2112.SUBORDINATED TERM