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Emera Incorporated (EMA.TO)
- Business Wire
Emera Incorporated announces the closing of the offering of US$500 million Aggregate Principal Amount of Fixed-to-Fixed Reset Rate Junior Subordinated Notes
HALIFAX, Nova Scotia, June 18, 2024--Emera Incorporated ("Emera" or the "Company") (TSX: EMA) announced today that EUSHI Finance, Inc. (the "Issuer") has completed the sale of US$500,000,000 aggregate principal amount of United States dollar denominated 7.625% fixed-to-fixed reset rate junior subordinated notes due 2054 (the "U.S. Notes"), fully and unconditionally guaranteed by Emera and Emera US Holdings Inc. ("EUSHI and together with Emera, the "Guarantors"). EUSHI is a direct and indirect wh
- Business Wire
Emera Completes Transaction to Transfer Equity Interest in Labrador Island Link
HALIFAX, Nova Scotia, June 04, 2024--Emera Inc. ("Emera") (TSX:EMA) today announced the previously announced transaction where KKR would acquire Emera’s indirect minority equity interest in the Labrador Island Link (LIL), has closed effective today. The LIL is a 1,100 km high voltage transmission line that delivers renewable energy to Newfoundland, Nova Scotia and beyond, helping meet the growing demand for clean energy across the region. The transaction was originally announced on May 28, 2024.
- Reuters SG
Deals of the day-Mergers and acquisitions
** Prolific oil and gas developer Double Eagle is exploring a sale of its latest Permian Basin-based producer in a deal that could be worth more than $6.5 billion, including debt, according to people familiar with the matter. ** The owner of Britain's Royal Mail has agreed to a 3.57 billion pound ($4.55 billion) takeover by Czech billionaire Daniel Kretinsky, in a take-private deal of one of the world's oldest postal firms.
