Rating Report

Enbridge Inc. - Rating Report

Energy, Natural Resources

Summary

On July 23, 2020, DBRS Limited (DBRS Morningstar) 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 trends remain Stable.