DEBT (Tables)

3 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Schedule of Credit Facilities

The following table provides details of our committed credit facilities as at March 31, 2023:

	Maturity1	Total Facilities	Draws2	Available
(millions of Canadian dollars)
Enbridge Inc.	2023-2027	9,623	7,053	2,570
Enbridge (U.S.) Inc.	2024-2027	8,594	1,702	6,892
Enbridge Pipelines Inc.	2024	2,000	876	1,124
Enbridge Gas Inc.	2024	2,500	1,440	1,060
Total committed credit facilities		22,717	11,071	11,646

1Maturity date is inclusive of the one-year term out option for certain credit facilities.

2Includes facility draws and commercial paper issuances that are back-stopped by credit facilities.

Schedule of Long-Term Debt Instruments

During the three months ended March 31, 2023, we completed the following long-term debt issuances totaling US$3.0 billion:

Company	Issue Date			Principal Amount
(millions of Canadian dollars, unless otherwise stated)
Enbridge Inc.
	March 2023	5.70%	sustainability-linked senior notes due March 20331	US$2,300
	March 2023	5.97%	senior notes due March 20262	US$700

1The sustainability-linked senior notes are subject to a sustainability performance target of 35% reduction in emissions intensity from 2018 levels at an observation date of December 31, 2030. If the target is not met, on September 8, 2031, the interest rate will be set to equal 5.70% plus a margin of 50 basis points.

2We have the option to call the notes at par after one year from issuance. Refer to Note 7 - Risk Management and Financial Instruments.

Schedule of Repayment of Debt

During the three months ended March 31, 2023, we completed the following long-term debt repayments totaling US$513 million and $275 million:

Company	Repayment Date				Principal Amount
(millions of Canadian dollars, unless otherwise stated)
Enbridge Inc.
	January 2023	3.94%		medium-term notes	$275
	February 2023	Floating rate notes1			US$500
Tri Global Energy, LLC
	January 2023	10.00	%	senior notes	US$4
	January 2023	14.00	%	senior notes	US$9

1The notes carried an interest rate set to equal the Secured Overnight Financing Rate plus a margin of 40 basis points.