Company: ENBSF
Filing Date: 2025-06-18
Form Type: 424B5
Source: 0001104659-25-060642
Chunk: 21

Company: ENBRIDGE INC
Filing Date: 2025-06-18
Form: 424B5
Chunk 21
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 the basis of a 360-day year of twelve
30-day months.

The 2035 Notes will be
issued as a series of debt securities under the Indenture in an aggregate principal amount of US$900 million. The 2035 Notes
will mature on June 20, 2035 and will bear interest at a rate of 5.550% per annum, payable semi-annually in arrears on June 20 and
December 20 of each year, commencing December 20, 2025 (each, a “2035 Interest Payment Date”), to the persons in whose
names the 2035 Notes are registered at the close of business on the preceding June 5 or December 5, respectively. Interest on the
2035 Notes will include accrued interest from and including the date of issue or from and including the last date in respect of
which interest has been paid, as the case may be, to, but excluding, the applicable 2035 Interest Payment Date, or the date of
maturity, as the case may be. Interest on the 2035 Notes will be computed on the basis of a 360-day year of twelve
30-day months.

The New 2054 Notes will form a single series with, and will have the same CUSIP number as, the Existing 2054 Notes and will trade interchangeably with the Existing 2054 Notes immediately upon settlement. The New 2054 Notes will be issued in an aggregate principal amount of US$350 million. Upon completion of this offering, the aggregate principal amount of the Corporation’s 2054 Notes, including the New 2054 Notes offered hereby, will be US$1,150 million. The New 2054 Notes will mature on April 5, 2054 and will bear interest at a rate of 5.950% per annum, payable semi-annually in arrears on April 5 and October 5 of each year, commencing October 5, 2025 (each, a “2054 Interest Payment Date” and, together with each 2028 Interest Payment Date, each 2030 Interest Payment Date and each 2035 Interest Payment Date, the
“Interest Payment Dates”), to the persons in whose names the New 2054 Notes are registered at the close of business on
the preceding March 20 or September 20, respectively. Interest on the New 2054 Notes will accrue from April 5, 2025.