DBRS Confirms Ratings of Enbridge Inc. at BBB (high), BBB (low), Pfd-3 (high) and R-2 (high), Stable

Summary

DBRS Limited (DBRS) confirmed the Issuer Rating of Enbridge Inc. (ENB or the Company) at BBB (high) and the ratings on the Company’s Medium-Term Notes & Unsecured Debentures at BBB (high), Fixed-to-Floating Subordinated Notes at BBB (low), Cumulative Redeemable Preferred Shares at Pfd-3 (high) and Commercial Paper (CP) at R-2 (high), all with Stable trends.

Ratings

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
19-Oct-17	Issuer Rating	BBB (high)	Stb	Confirmed	CA
19-Oct-17	Senior Unsecured Notes	BBB (high)	Stb	Confirmed	CA
19-Oct-17	Commercial Paper	R-2 (high)	Stb	Confirmed	CA
19-Oct-17	Subordinated Notes	BBB (low)	Stb	Confirmed	CA
19-Oct-17	Preferred Shares	Pfd-3 (high)	Stb	Confirmed	CA

More

Enbridge Inc.

Issuer Rating

Date Issued:Oct 19, 2017
Rating Action:Confirmed
Ratings:BBB (high)
Trend:Stb
Rating Recovery:
Issued:CA

Senior Unsecured Notes

Date Issued:Oct 19, 2017
Rating Action:Confirmed
Ratings:BBB (high)
Trend:Stb
Rating Recovery:
Issued:CA

Commercial Paper

Date Issued:Oct 19, 2017
Rating Action:Confirmed
Ratings:R-2 (high)
Trend:Stb
Rating Recovery:
Issued:CA

Subordinated Notes

Date Issued:Oct 19, 2017
Rating Action:Confirmed
Ratings:BBB (low)
Trend:Stb
Rating Recovery:
Issued:CA

Preferred Shares

Date Issued:Oct 19, 2017
Rating Action:Confirmed
Ratings:Pfd-3 (high)
Trend:Stb
Rating Recovery:
Issued:CA

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