Company: EMICF
Filing Date: 2025-09-29
Form Type: 424B2
Source: 0000950103-25-012357
Chunk: 29

Company: EMERA INC
Filing Date: 2025-09-29
Form: 424B2
Chunk 29
---
 on such Notes during the Optional Deferral Period will be paid to the person who is the registered owner
of those Notes at the close of business on such record date, and the holder who sold those Notes will not receive from the Issuer any
of the interest that accrued on those Notes during the Optional Deferral Period and that such holder reported as income for tax purposes.
Holders should consult with their tax advisors regarding the tax consequences of an investment in the Notes. For more information regarding
the tax consequences of purchasing, owning and disposing of the Notes, see “Material Income Tax Considerations.”

The Issuer may choose to
redeem the Notes prior to maturity.

The Issuer may at its option
redeem the Notes in whole or in part at the times and the applicable redemption price described herein. See “Description of the
Notes—Redemption.” The Issuer may choose to redeem your Notes at a time when prevailing interest rates are lower than the
interest rate paid on your Notes. If prevailing interest rates are lower at the time of redemption, you may not be able to reinvest the
redemption proceeds in a comparable security at an effective interest rate as high as the interest rate of the Notes being redeemed.

The historical Five-year
U.S. Treasury Rates are not an indication of future Five-year U.S. Treasury Rates.

The annual interest rate
on the Notes for each Reset Period will be set by reference to the Five-year U.S. Treasury Rate as of the most recent Reset Interest Determination
Date (provided, that the interest rate during any Reset Period will not reset below the initial interest rate). In the past, U.S. Treasury
rates have experienced significant fluctuations. You should note that historical levels, fluctuations and trends of U.S. Treasury rates
are not necessarily indicative of future levels. Any historical upward or downward trend in U.S. Treasury rates is not an indication that
U.S. Treasury rates are more or less likely to increase or decrease at any time in the future and you should not take historical U.S.
Treasury rates as an indication of future U.S. treasury Rates.

While it is not possible
for the interest rate on the Notes to decrease below the initial interest rate, the interest rate on the Notes may fluctuate over time.

While it is not possible
for the interest rate on the Notes to decrease below the initial interest rate, the interest rate for a given Reset Period subsequent
to the initial Reset Period may decrease as compared to the interest rate for the

<div align