Ben Pham

John Mould

Mark Jarvi

Maurice Choy

Robert Hope

- Emera Incorporated (EMA) announced the closing of an offering of **US$750 million** aggregate principal amount of fixed-to-fixed reset rate junior subordinated notes due 2056 on **October 3, 2025**.  **[1127248_0000950103-25-012820_dp235496_ex9901.htm:0]** **[1127248_0000950103-25-012820_dp235496_6k.htm:1]** 
- The notes, issued by EUSHI Finance, Inc. and guaranteed by Emera and Emera US Holdings Inc., bear an initial interest rate of **6.250% per annum** until April 1, 2031, after which the rate will reset based on the Five-year U.S. Treasury Rate plus a spread, with a floor of 6.250%.  **[1127248_0000950103-25-012820_dp235496_6k.htm:1]** **[1127248_0000950103-25-012820_dp235496_ex0401.htm:25]** **[1127248_0000950103-25-012820_dp235496_ex0101.htm:36]** 
- Emera intends to use the net proceeds from the offering for **general corporate purposes**, including the repayment of existing indebtedness.  **[1127248_0000950103-25-012820_dp235496_ex9901.htm:0]**

EMERA (EMA)