Enbridge to redeem 6.375% fixed-to-floaters due 2078 on April 15

By Mary-Katherine Stinson

Lexington, Ky., March 10 – Enbridge Inc. will redeem in full its outstanding 6.375% fixed-to-floating rate subordinated notes series 2018-B due 2078 (Cusip: 29250N477) on April 15, according to a press release.

The notes will be redeemed at par plus accrued interest, if any.

Interest will cease to accrue on and after the redemption date.

A notice of redemption and information about the redemption procedure is available from Deutsche Bank Trust Co. Americas (800 735-7777) as the trustee and paying agent.

The oil and gas distribution and transportation company is based in Calgary, Alta.

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