-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FQ0r4eWqBTm5d4LOMi9LW/zRmnWSUlxPzp6d75EMQNw0qjdNsfLiBqxdZ8u2hxXO rVitdiA3xCgaEI/Ttt7p4g== 0001130319-07-000231.txt : 20070327 0001130319-07-000231.hdr.sgml : 20070327 20070327165850 ACCESSION NUMBER: 0001130319-07-000231 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070327 DATE AS OF CHANGE: 20070327 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ENBRIDGE INC CENTRAL INDEX KEY: 0000895728 STANDARD INDUSTRIAL CLASSIFICATION: PIPE LINES (NO NATURAL GAS) [4610] IRS NUMBER: 000000000 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-141478 FILM NUMBER: 07721874 BUSINESS ADDRESS: STREET 1: 3000 425 - 1ST STREET SW CITY: CALGARY ALBERTA CANA STATE: A0 ZIP: T2P 3L8 BUSINESS PHONE: 4032313900 FORMER COMPANY: FORMER CONFORMED NAME: IPL ENERGY INC DATE OF NAME CHANGE: 19940616 FORMER COMPANY: FORMER CONFORMED NAME: INTERPROVINCIAL PIPE LINE SYSTEM INC DATE OF NAME CHANGE: 19930108 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ENBRIDGE INC CENTRAL INDEX KEY: 0000895728 STANDARD INDUSTRIAL CLASSIFICATION: PIPE LINES (NO NATURAL GAS) [4610] IRS NUMBER: 000000000 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 3000 425 - 1ST STREET SW CITY: CALGARY ALBERTA CANA STATE: A0 ZIP: T2P 3L8 BUSINESS PHONE: 4032313900 FORMER COMPANY: FORMER CONFORMED NAME: IPL ENERGY INC DATE OF NAME CHANGE: 19940616 FORMER COMPANY: FORMER CONFORMED NAME: INTERPROVINCIAL PIPE LINE SYSTEM INC DATE OF NAME CHANGE: 19930108 FWP 1 o35516fwp.htm FINAL TERM SHEET fwp
 

Filed Pursuant to Rule 433
Registration Statement No. 333-141478
March 27, 2007
FINAL TERM SHEET
     
Issuer:
  Enbridge Inc.
 
    
Expected Ratings:
  Moody’s Baa1; S&P A-; DBRS A
 
    
Issue of Securities:
  5.60% Senior Notes due 2017
 
    
Principal Amount:
  U.S. $400,000,000
 
    
Coupon:
  5.60%
 
    
Interest Payment Dates:
  Semi-annually on April 1 and October 1, commencing on October 1, 2007
 
    
Maturity:
  April 1, 2017
 
    
Treasury Benchmark:
  4.625% due February 15, 2017
 
    
U.S. Treasury Yield:
  4.609%
 
    
Spread to Treasury:
  1.000%
 
    
Re-offer Yield:
  5.609%
 
    
Initial Price to Public:
  per Note: 99.932%; Total: $399,728,000
 
    
Optional Redemption:
  At any time for an amount equal to the principal amount of the notes redeemed plus a make-whole premium and accrued but unpaid interest to the redemption date. The notes may also be redeemed in whole, but not in part, at the redemption price described in the prospectus at any time in the event certain changes affecting Canadian withholding taxes occur.
 
    
Make-Whole Premium:
  T + 20 bps
 
    
Settlement Date:
  March 30, 2007
 
    
Joint Book-Runners:
  Banc of America Securities LLC ($90,000,000)
 
  Deutsche Bank Securities Inc. ($90,000,000)
 
    
Co-Managers:
  Citigroup Global Markets, Inc. ($36,000,000)
 
  HSBC Securities (USA) Inc. ($36,000,000)
 
  Merrill Lynch, Pierce, Fenner & Smith Incorporated ($36,000,000)
 
  Morgan Stanley & Co. Incorporated ($36,000,000)
 
  UBS Securities LLC ($36,000,000)
 
  CIBC World Markets Corp. ($20,000,000)
 
  Raymond James & Associates Inc. ($20,000,000)
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Banc of America Securities LLC toll-free at 1 800-294-1322 or by calling Deutsche Bank Securities Inc. toll-free at 1 800-503-4611.

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