G-255 USD New Issue Supply with Trade Indicators for June 16, 2025

New USD G-255 supply

Enbridge Inc (ENBCN, Baa2/BBB+)

$3Y Fixed IPT +100 Area - attractive to 69/3Y

$5Y Fixed IPT +115 Area – attractive to 87/5Y

$10Y Fixed IPT +140 Area – attractive to 112/10Y

Tap of ENBCN 5.95% 04/05/54 IPT +155 Area – attractive to 127/30Y

Enbridge is re-levering

This is the only new G–255 supply in the US or Europe today.

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