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DEBT (Tables)
 9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Credit Facilities
The following table provides details of our committed credit facilities as at September 30, 2024:

Maturity1
Total
Facilities
Draws2
Available
(millions of Canadian dollars)    
Enbridge Inc.2025-20498,835 3,993 4,842 
Enbridge (U.S.) Inc.2026-202910,403 2,518 7,885 
Enbridge Pipelines Inc.20262,000 1,095 905 
Enbridge Gas Inc.20262,500 930 1,570 
Total committed credit facilities 23,738 8,536 15,202 
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 nine months ended September 30, 2024, we completed the following long-term debt issuances totaling US$5.1 billion and $1.8 billion:
CompanyIssue DatePrincipal Amount
(millions of Canadian dollars, unless otherwise stated)
Enbridge Inc.
April 20245.25%senior notes due April 2027US$750
April 20245.30%senior notes due April 2029US$750
April 20245.63%senior notes due April 2034US$1,200
April 20245.95%senior notes due April 2054US$800
June 20247.38%
fixed-to-fixed subordinated notes due March 20551
US$500
June 20247.20%
fixed-to-fixed subordinated notes due June 20542
US$700
August 20244.21%medium-term notes due February 2030$600
August 20244.73%medium-term notes due August 2034$800
August 20245.32%medium-term notes due August 2054$400
Algonquin Gas Transmission, LLC
July 20245.95%senior notes due July 2034US$350
1For the initial 5.5 years, the notes carry a fixed interest rate. On March 15, 2030, the interest rate will be reset to equal the Five-Year US Treasury rate plus a margin of 3.12%.
2For the initial 9.75 years, the notes carry a fixed interest rate. On June 27, 2034, the interest rate will be reset to equal the Five-Year US Treasury rate plus a margin of 2.97%.
Schedule of Repayment of Debt
During the nine months ended September 30, 2024, we completed the following long-term debt repayments totaling US$3.6 billion, $0.8 billion and €23 million:
CompanyRepayment DatePrincipal Amount
(millions of Canadian dollars, unless otherwise stated)
Enbridge Inc.
February 2024
Floating rate notes1
US$600
February 20242.15%senior notesUS$400
March 20245.97%
senior notes2
US$700
June 20243.50%senior notesUS$500
Enbridge Gas Inc.
August 20243.15%medium-term notes$215
Enbridge Pipelines (Southern Lights) L.L.C.
June 20243.98%senior notesUS$42
Enbridge Pipelines Inc.
February 20248.20%debentures$200
Enbridge Southern Lights LP
January and July 20244.01%senior notes$20
Westcoast Energy Inc.
September 20243.43%medium-term notes$350
Spectra Energy Partners, LP
March 20244.75%senior notesUS$1,000
Blauracke GmbH
April 20242.10%senior notes€23
Algonquin Gas Transmission, LLC
July 20243.51%senior notesUS$350
1The notes carried an interest rate set to equal the Secured Overnight Financing Rate plus a margin of 63 basis points.
2The notes carried an original maturity date in March 2026, and were callable in March 2024, which was one year after their issuance.
Schedule of Amortization of Fair Value Adjustment
Amortization of the fair value adjustment is recorded to Interest expense in the Consolidated Statements of Earnings:
Three months ended September 30,Nine months ended September 30,
 2024202320242023
(millions of Canadian dollars)    
(Increase)/decrease to Interest expense
(9)12 (7)34