financetom
Business
financetom
/
Business
/
Emera Closes Offering of US$750 Million Fixed-to-Fixed Reset Rate Junior Subordinated Notes
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Emera Closes Offering of US$750 Million Fixed-to-Fixed Reset Rate Junior Subordinated Notes
Oct 3, 2025 8:40 AM

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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
KULR Technology Acquires $9 Million of Additional Bitcoins
KULR Technology Acquires $9 Million of Additional Bitcoins
May 26, 2025
02:29 PM EDT, 05/20/2025 (MT Newswires) -- KULR Technology ( KULR ) said Tuesday it acquired an additional $9 million of bitcoins for its Bitcoin Treasury and now holds 800.3 bitcoins. The company said it acquired the bitcoins at a weighted average price of $103,234 per coin, inclusive of fees and expenses. KULR ( KULR ) shares were down 4.8%...
Market Chatter: Musk Says Tesla to Have Robotaxis on Streets in Austin, Texas, in June
Market Chatter: Musk Says Tesla to Have Robotaxis on Streets in Austin, Texas, in June
May 26, 2025
02:33 PM EDT, 05/20/2025 (MT Newswires) -- Tesla (TSLA) Chief Executive Officer Elon Musk said the company will have robotaxis on the roads in Austin, Texas, by the end of June, CNBC reported Tuesday, citing an interview. Tesla didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally....
Levi Strauss Agrees to Sell Dockers to Reebok Parent Authentic Brands
Levi Strauss Agrees to Sell Dockers to Reebok Parent Authentic Brands
May 26, 2025
02:29 PM EDT, 05/20/2025 (MT Newswires) -- Levi Strauss (LEVI) struck a deal to sell the Dockers apparel line to Authentic Brands Group as the denim jeans maker looks to focus on its main label and the Beyond Yoga workout clothing business. The transaction has an initial value of $311 million, the companies said Tuesday. The price could go up...
Copyright 2023-2026 - www.financetom.com All Rights Reserved