Tuesday, 24 September 2024
Home Emera Incorporated announces the closing of the offering of US$500 million Aggregate Principal Amount of Fixed-to-Fixed Reset Rate Junior Subordinated Notes

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Emera Incorporated announces the closing of the offering of US$500 million Aggregate Principal Amount of Fixed-to-Fixed Reset Rate Junior Subordinated Notes

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Incorporated (“Emera” or the “Company”) (TSX: EMA) announced today that EUSHI Finance, Inc. (the “Issuer”) has completed the sale of US$500,000,000 aggregate principal amount of United States dollar denominated 7.625% fixed-to-fixed reset rate junior subordinated notes due 2054 (the “U.S. Notes”), fully and unconditionally guaranteed by Emera and Emera US Holdings Inc. (“EUSHI and together with Emera, the “Guarantors”). EUSHI is a direct and indirect...

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