Filed Pursuant to Rule 433 under the Securities Act of 1933
Registration Statement File No. 333-213234
A final base shelf prospectus containing important information relating to the securities described in this document has been filed with the securities regulatory authority in each of the provinces of Canada. A copy of the final base shelf prospectus, any amendment to the final base shelf prospectus and any applicable shelf prospectus supplement that has been filed, is required to be delivered with this document.
This document does not provide full disclosure of all material facts relating to the securities offered. Investors should read the final base shelf prospectus, any amendment and any applicable shelf prospectus supplement for disclosure of those facts, especially risk factors relating to the securities offered, before making an investment decision.
June 12, 2017
Enbridge Inc.
Pricing Term Sheet
$500,000,000 Floating Rate Notes due 2020
Issuer: | Enbridge Inc. |
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Security Type: | Senior Unsecured Notes |
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Pricing Date: | June 12, 2017 |
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Settlement Date: (T+3) | June 15, 2017 |
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Maturity Date: | June 15, 2020, at par |
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Principal Amount: | $500,000,000 |
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Interest Rate Basis: | Three-month LIBOR |
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Spread: | + 70 bps |
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Initial Interest Rate: | Three-month LIBOR plus 70 bps, determined as of two London business days prior to the Settlement Date |
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Interest Payment Dates: | Quarterly on each March 15, June 15, September 15 and December 15, commencing September 15, 2017 |
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Interest Reset Dates: | March 15, June 15, September 15 and December 15 |
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Initial Interest Determination Date: | June 13, 2017 |
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Interest Determination Date: | Second London business day prior to each Interest Reset Date |
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Interest Rate Determination: | Three-month LIBOR plus 70 bps, determined as of the applicable Interest Determination Date |
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Public Offering Price: | 100.000% |
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Redemption: | The Floating Rate Notes due 2020 will not be redeemable. |
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CUSIP / ISIN: | 29250N AP0 / US29250NAP06 |
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Denominations: | $2,000 x $1,000 |
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Sole Bookrunner: | Merrill Lynch, Pierce, Fenner & Smith |
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Merrill Lynch, Pierce, Fenner & Smith Incorporated at 1-800-294-1322.
