Enbridge completes note exchange, enhancing operational and financial flexibility.

Enbridge Inc. and its subsidiary Enbridge Pipelines Inc. have completed a transaction exchanging all outstanding medium term notes of Enbridge Pipelines for newly issued notes of Enbridge with identical financial terms. This exchange provides Enbridge Pipelines with greater operational flexibility and delivers structural and capital market benefits to the company, Enbridge, and former noteholders. The transaction was supported by BMO Nesbitt Burns, Computershare Investor Services, and Sodali & Co. Enbridge continues to focus on energy infrastructure and renewable power investments across North America and Europe.