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Emera Completes $750 Million Notes Offering for Strategic Flexibility

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Emera Completes $750 Million Notes Offering for Strategic Flexibility

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Emera ( (TSE:EMA) ) has issued an update.

On October 3, 2025, Emera Incorporated announced the completion of a US$750 million offering of 6.25% fixed-to-fixed reset rate junior subordinated notes due 2056, issued by its wholly-owned subsidiary EUSHI Finance, Inc. The notes, guaranteed by Emera and Emera US Holdings Inc., were sold through a consortium of underwriters including Wells Fargo and J.P. Morgan. The proceeds from this offering are intended for general corporate purposes, including debt repayment, which could enhance Emera’s financial flexibility and support its strategic initiatives.

The most recent analyst rating on (TSE:EMA) stock is a Hold with a C$64.00 price target. To see the full list of analyst forecasts on Emera stock, see the TSE:EMA Stock Forecast page.

Spark’s Take on TSE:EMA Stock

According to Spark, TipRanks’ AI Analyst, TSE:EMA is a Neutral.

Emera’s overall score reflects strong revenue growth and operational efficiency, balanced by high leverage and cash flow challenges. The technical indicators suggest neutral momentum, while the valuation offers a reasonable P/E ratio and attractive dividend yield. The absence of earnings call and corporate events data means these factors do not influence the score.

To see Spark’s full report on TSE:EMA stock, click here.

More about Emera

Emera Incorporated is a leading North American provider of energy services, headquartered in Halifax, Nova Scotia. The company has investments in regulated electric and natural gas utilities, as well as related businesses and assets. Emera serves approximately 2.6 million customers across the United States, Canada, and the Caribbean, with a workforce of 7,600 employees dedicated to delivering safe, reliable energy and a cleaner energy future. Emera’s shares are listed on the Toronto Stock Exchange and the New York Stock Exchange.

Average Trading Volume: 869,854

Technical Sentiment Signal: Buy

Current Market Cap: C$19.88B

Learn more about EMA stock on TipRanks’ Stock Analysis page.

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