Company: ENBSF
Filing Date: 2025-11-17
Form Type: 424B5
Source: 0001104659-25-112992
Chunk: 19

Company: ENBRIDGE INC
Filing Date: 2025-11-17
Form: 424B5
Chunk 19
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 exchange or substitution
therefor, constitute a single series of notes under the Indenture.

Principal and Interest

The 2028 Notes will be issued
as a series of debt securities under the Indenture in an aggregate principal amount of US$ million.
The 2028 Notes will mature on ,
2028 and will bear interest at a rate of % per annum, payable semi-annually
in arrears on
and
of each year, commencing
, 2026 (each, a “2028 Interest Payment Date”), to the persons in whose names
the 2028 Notes are registered at the close of business on the preceding
or
, respectively. Interest on the 2028 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 2028 Interest Payment Date, or the date of maturity, as the case may be. Interest on the 2028 Notes will be computed on
the basis of a 360-day year of twelve 30-day months.

<div align='center'>S-12</div>

The 2031 Notes will be issued
as a series of debt securities under the Indenture in an aggregate principal amount of US$ million.
The 2031 Notes will mature on ,
2031 and will bear interest at a rate of % per annum, payable semi-annually
in arrears on
and
of each year, commencing
, 2026 (each, a “2031 Interest Payment Date”), to the persons in whose names
the 2031 Notes are registered at the close of business on the preceding
or
, respectively. Interest on the 2031 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 2031 Interest Payment Date, or the date of maturity, as the case may be. Interest on the 2031 Notes will be computed on
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$ million.
The 2035 Notes will mature on ,
2035 and will bear interest at a rate of % per annum, payable semi-