Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 116

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 116
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5.0 %2026 - 20541,798 — Enbridge Holdings (Tomorrow RNG), LLCSenior notes4.9 %2025817 — Westcoast Energy Inc.Medium-term notes5.4 %2025 - 2041875 1,225 Debentures 8.1 %2025 - 2026275 275 Fair value adjustment(468)514 Other5(522)(439)Total debt6  101,672 81,199 Current maturities  (7,729)(6,084)Short-term borrowings7  (529)(400)Long-term debt  93,414 74,715 

156

1For an initial five, 5.5, 9.75 or 10 years, the notes carry a fixed interest rate. Subsequently, during each reset period the interest rate will be reset to equal to the Five-Year US Treasury rate or Five-Year Government of Canada bond yield plus a margin. The notes would be converted automatically into Conversion Preference Shares in the event of bankruptcy and related events.2For an initial five or 10 years, the notes carry a fixed interest rate. Subsequently, the interest rate will be floating and set to equal to the Canadian Dollar Offered Rate or the Secured Overnight Financing Rate (SOFR) plus a margin. The notes would be converted automatically into Conversion Preference Shares in the event of bankruptcy and related events.3Primarily finance lease obligations.4Included in medium-term notes is $100 million with a maturity date of 2112.5Primarily unamortized discounts, premiums and debt issuance costs.62024 - $40 billion, US$43 billion and €316 million; 2023 - $37 billion, US$33 billion and €359 million. Totals exclude capital lease obligations, unamortized discounts, premiums and debt issuance costs and fair value adjustment.7Weighted average interest rates on outstanding commercial paper were 3.4% as at December 31, 2024 (2023 - 5.2%).8Calculated based on term notes, debentures, commercial paper and credit facility draws outstanding as at December 31, 2024.As at December 31, 2024, all outstanding debt was unsecured.CREDIT FACILITIESThe following table provides details of our committed credit facilities as at December 31, 2024