Emera Incorporated Completes Offering of US$750 Million in Fixed-to-Fixed Reset Rate Junior Subordinated Notes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 03 2025
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Source: Newsfilter
Emera's Note Offering: Emera Incorporated announced the completion of a US$750 million sale of 6.25% fixed-to-fixed reset rate junior subordinated notes due 2056, guaranteed by Emera and its subsidiary EUSHI Finance, Inc.
Use of Proceeds and Forward-Looking Information: The proceeds will be used for general corporate purposes, including repaying existing debt, with a caution that forward-looking statements are subject to risks and uncertainties that may affect actual results.
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Analyst Views on EMA
Wall Street analysts forecast EMA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EMA is 51.11 USD with a low forecast of 48.95 USD and a high forecast of 54.71 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
2 Buy
4 Hold
0 Sell
Moderate Buy
Current: 50.420
Low
48.95
Averages
51.11
High
54.71
Current: 50.420
Low
48.95
Averages
51.11
High
54.71
About EMA
Emera Incorporated is a geographically diverse energy and services company. It invests in regulated electricity generation and electricity and gas transmission and distribution, with a strategic focus on transformation from high carbon to low carbon energy sources. Its segments include Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and Other. Florida Electric Utility consists of Tampa Electric, a vertically integrated regulated electric utility in West Central Florida. Canadian Electric Utilities includes Nova Scotia Power Inc., a vertically integrated regulated electric utility and the electricity supplier in Nova Scotia, and a 100% equity interest in NSP Maritime Link Inc. Gas Utilities and Infrastructure include Peoples Gas System, Inc., New Mexico Gas Company, Inc., Emera Brunswick Pipeline Company Limited, SeaCoast Gas Transmission, LLC and Maritimes & Northeast Pipeline, LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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