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Emera Announces Expiration and Settlement of Exchange Offer

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Incorporated (“Emera”) today announced that the exchange offer (the “Exchange Offer”) for USD $500,000,000 aggregate principal amount of outstanding 7.625% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054 (the “Old Notes”) by its wholly owned indirect subsidiary, EUSHI Finance, Inc. (the “Issuer”) expired at midnight, New York City Time, on January 13, 2025. On June 18, 2024, the Issuer completed the issuance of the Old Notes to “qualifie...

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