Emera Incorporated

Emera Incorporated in its $500 million senior unsecured note financing

Client

Emera Incorporated

Value

$500 million

Service

Capital Markets

Date Closed

May 2023

Industry

Power and Utilities

Lead Office

Toronto

 

On May 2, 2023, Emera Incorporated completed its $500 million offering of 4.838% Senior Unsecured Notes due 2030. The Notes were offered through a syndicate of agents led by Scotia Capital Inc. and RBC Dominion Securities Inc., and included BMO Nesbitt Burns Inc., CIBC World Markets Inc., TD Securities Inc. and National Bank Financial Inc., on a private placement basis.

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 the agents with a team consisting of John Macfarlane, Sandra Malcolm, Wesley Cohen (Corporate), Tim Hughes and James Chang (Tax).