Emera Completes $750 Million Senior Notes Offering

MT Newswires Live
Mar 28

Emera (EMA) said its US finance unit completed the sale of $750 million of US dollar-denominated senior notes.

The offering consisted of $450 million of 4.5% senior notes due 2029 and $300 million of 5.2% senior notes due 2033, Emera said Friday in a statement.

Net proceeds will be used for general corporate purposes, including debt repayment, the company said.

Price: 51.13, Change: -0.45, Percent Change: -0.86

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