Company: EMICF
Filing Date: 2025-09-29
Form Type: 424B2
Source: 0000950103-25-012357
Chunk: 32

Company: EMERA INC
Filing Date: 2025-09-29
Form: 424B2
Chunk 32
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 in amounts due from non-guarantor subsidiaries. |

<div align='center'>S-17

Use of Proceeds</div>

We estimate that the
net proceeds from this offering of the Notes, after deducting the underwriting discount and our estimated offering expenses, will be
approximately US$ million. We intend to use the
net proceeds from this offering for general corporate purposes, including, without limitation, to repay existing indebtedness. We
may invest funds that we do not immediately use in short-term marketable securities.

<div align='center'>S-18

Description of
the Notes</div>

As used below, the terms (i) “we,” “our,” and “us” refer to Emera Incorporated, EUSHI Finance, Inc., Emera US Holdings Inc., and, if the context requires, Emera Incorporated’s subsidiaries, (ii) “Emera” refers to Emera Incorporated and, if the context requires, its subsidiaries, (iii) the “Issuer” refers to EUSHI Finance, Inc., (iv) the “Guarantors” refers collectively to Emera Incorporated and Emera US Holdings Inc., and (v) “EUSHI” refers to Emera US Holdings Inc.

We are offering US$ % Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056 (the “Notes”), which will be registered under the Securities Act of 1933, as amended (the “Securities Act”).

The Notes will be issued, under an indenture dated as of June 18, 2024 as to be amended and supplemented by a supplemental indenture (collectively, the “Indenture”), among us, the Guarantors and Equiniti Trust Company, LLC, as trustee (the “Trustee”). The Notes will be fully and unconditionally guaranteed, on a joint, several and subordinated basis, by the Guarantors (the “Guarantees”). The Indenture is subject to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). The terms of the Notes will include those expressly set forth in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act.

The following description of the particular terms and provisions on the Notes and the Guarantees, supplements and, to the extent inconsistent therewith, replaces the description of the Debt Securities and the guarantees set forth in the accompanying prospectus under “Description of the