On September 24, 2021, Emera Incorporated completed its $225 million preferred share financing of Series L preferred shares. The offering was made through a syndicate of underwriters with TD Securities Inc. and CIBC Capital Markets acting as joint bookrunners, and included RBC Capital Markets, Scotiabank, BMO Capital Markets and National Bank Financial Inc. The proceeds from the offering will be used for general corporate purposes.
Emera Incorporated is a Halifax-based energy company focused on investments in electricity generation and electricity and gas transmission and distribution.
Osler, Hoskin & Harcourt LLP advised Emera Incorporated with a team consisting of John Macfarlane, Sandra Malcolm, Wesley Cohen (Corporate) and David Davachi (Tax).