11:24 AM EDT, 10/03/2025 (MT Newswires) -- Emera ( EMA ) Friday said it completed the sale of US$750 million aggregate principal amount of United States dollar denominated 6.25% fixed-to-fixed reset rate junior subordinated notes due 2056, fully and unconditionally guaranteed by Emera ( EMA ) and Emera US Holdings.
Emera US Holdings is a direct and indirect wholly-owned unit of the company and the issuer is a direct, wholly-owned unit of Emera US Holdings.
The company intends to use proceeds for general corporate purposes including, without limitation, to repay existing indebtedness.
Shares of the company were last seen up 0.6% at $67.4 on the Toronto Stock Exchange.
Price: 67.41, Change: +0.41, Percent Change: +0.61