Emera Incorporated announces the closing of the offering of US$750 million Aggregate Principal Amount of Fixed-to-Fixed Reset Rate Junior Subordinated Notes
Businesswire·2026-03-23 20:24

Core Viewpoint - Emera Incorporated has successfully completed the sale of US$750 million in junior subordinated notes, indicating strong market demand and financial positioning for the company [1]. Group 1: Financial Details - The issuance consists of US$375 million of 6.650% Series A fixed-to-fixed reset rate junior subordinated notes due in 2056 [1]. - The total principal amount of the notes sold is US$750 million, reflecting a significant capital raise for the company [1].

Emera Incorporated announces the closing of the offering of US$750 million Aggregate Principal Amount of Fixed-to-Fixed Reset Rate Junior Subordinated Notes - Reportify