Emera Issues $500 Million Principal Amount of Senior Unsecured Notes Due May 2, 2030

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May 02, 2023

Emera Incorporated (“Emera” or the “Company”) (TSX:EMA, Financial) announced today that it has completed an offering of $500 million principal amount of Senior Unsecured Notes Due May 2, 2030, Series 2023-1 (the “Notes”). The Notes were offered on a private placement basis (the “Offering”) in each of the provinces of Canada pursuant to exemptions from the prospectus requirements of applicable Canadian securities laws. The Notes bear interest at the rate of 4.838% per annum until May 2, 2030.