DBRS Rates Enbridge Gas Distribution Inc. Medium-Term Notes Issues at “A”

DBRS has today assigned a rating of “A”, with a Stable trend, to Enbridge Gas Distribution Inc.’s (the Company) $200 million 4.04% medium-term note (MTN) due on November 23, 2020 and its $200 million 4.95% MTN due on November 22, 2050. The two issues are expected to settle on November 22, 2010.

Both debenture offerings are being issued pursuant to the Company’s $800 million Base Shelf Prospectus dated November 16, 2010, and are direct unsecured obligations ranking pari passu with all other unsubordinated and unsecured indebtedness of Enbridge Gas Distribution Inc.

Proceeds from the issues will be used to repay short-term indebtedness and for other general corporate purposes.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodology is Rating North American Energy Utilities (Electric, Natural Gas, and Pipelines), which can be found on our website under Methodologies.