Company: ENBSF
Filing Date: 2025-06-18
Form Type: 424B5
Source: 0001104659-25-060642
Chunk: 81

Company: ENBRIDGE INC
Filing Date: 2025-06-18
Form: 424B5
Chunk 81
---
 the terms of the subordination and any related 
 provisions;                                                                               |

| · | whether the debt securities will be                                                             
 convertible into securities or other property, including the Corporation’s common stock         
 or other securities, whether in addition to, or in lieu of, any payment of principal or other   
 amount or otherwise, and whether at the option of the Corporation or otherwise, the terms       
 and conditions relating to conversion of the debt securities, and any other provisions relating 
 to the conversion of the debt securities;                                                       |

| · | the obligation, if any, of the Corporation                                                    
 to pay to holders of any debt securities of the series amounts as may be necessary so that    
 net payments on the debt security, after deduction or withholding for or on account of any    
 present or future taxes and other governmental charges imposed by any taxing authority upon   
 or as a result of payments on the securities, will not be less than the gross amount provided 
 in the debt security, and the terms and conditions, if any, on which the Corporation may      
 redeem the debt securities rather than pay such additional amounts;                           |

| · | whether the Corporation will undertake                                                        
 to list the debt securities of the series on any securities exchange or automated interdealer 
 quotation system;                                                                             |

| · | whether the debt securities of the series will be guaranteed by 
 either or both Guarantors; and                                  |

| · | any other terms of the series of debt securities. |

Unless otherwise indicated
in the applicable Prospectus Supplement, the Indenture does not afford the holders the right to tender debt securities to Enbridge for
repurchase or provide for any increase in the rate or rates of interest at which the debt securities will bear interest in the event
Enbridge should become involved in a highly leveraged transaction or in the event of a change in control of Enbridge.

Debt securities may be issued
under the Indenture bearing no interest or interest at a rate below the prevailing market rate at the time of issuance, and may be offered
and sold at a discount below their stated principal amount. The Canadian and United States federal income tax consequences and other
special considerations applicable to any such discounted debt securities or other debt securities offered and sold at par which are treated
as having been issued at a discount for Canadian and/or United States federal income tax purposes will be described in the applicable
Prospectus Supplement.

Unless otherwise indicated
in the applicable Prospectus Supplement, Enbridge may, without the consent of the holders thereof, reopen a previous issue