TSX:EMAElectric Utilities
A Look At Emera (TSX:EMA) Valuation After Completing US$750 Million Subordinated Notes Offering
Why Emera’s New US$750 Million Notes Matter for Shareholders
Emera (TSX:EMA) has drawn fresh attention after Emera US Finance, LLC completed a US$750 million junior subordinated notes offering. The notes are fully guaranteed by Emera and Emera US Holdings Inc., with proceeds earmarked for general corporate purposes and debt repayment.
See our latest analysis for Emera.
The US$750 million notes come as Emera’s share price sits at CA$71.4, with a 90 day share price return of 6.5% and a 1 year...