IFLR1000

Enbridge $700 million floating rate notes issue

10/10/2017
Investment grade bond/note issue
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$ 700 million

Completed

10/10/2017

Overview:

  • Enbridge has issued $700 million in floating rate notes.
  • The notes are due 2020.
  • The issuer is the operator of the largest oil and liquids operation system.
  • Merrill Lynch Pierce Fenner & Smith has acted as sole underwriter.
  • The company recently acquired Spectra Energy for $28 billion. 

 Katrin Kostadinova - Data analyst 

Jurisdictions:

Canada
United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Canada

Industry sector:

Oil and gas

Firm:
Paul Weiss Rifkind Wharton & Garrison

Party: Merrill Lynch Pierce Fenner & Smith (Underwriter)

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