10:13 AM EDT, 04/12/2024 (MT Newswires) -- DBRS on Thursday assigned a BBB (high) rating to a series of newly issued Enbridge ( ENB ) senior unsecured notes.

The rating agency placed the credit ratings under review with developing implications.

The rating applies to US$750 million in 5.25% senior notes due April 5, 2027; US$750 million in 5.30% senior notes due April 5, 2029; US$1.20 billion in 5.625% senior notes due April 5, 2034; and US$800 million in 5.95% senior notes due April 5, 2054.

Enbridge ( ENB ) shares edged up near 1% on last look on Friday in Canada.

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