Oil Pipeline Company Enbridge Captures ‘Greenium’ With SLB Debut

(Bloomberg) -- Enbridge Inc.’s first sustainability-linked bond allowed the North American pipeline operator to cut borrowing costs compared to the interest on its regular securities.The Calgary-based company sold $1 billion of the 12-year securities to yield to 2.54%, that’s at least five basis points tighter than where the company’s regular debt would’ve priced, said Max Chan, Enbridge’s vice president of treasury. The so-called greenium was reached after more than 100 investors took part in t