Company: EMICF
Filing Date: 2025-09-30
Form Type: 424B2
Source: 0000950103-25-012565
Chunk: 33

Company: EMERA INC
Filing Date: 2025-09-30
Form: 424B2
Chunk 33
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 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 Debt Securities and Guarantees” to which reference is made.

This description of the Notes is intended to be a useful overview of the material provisions of the Notes, the Guarantees and the Indenture. Since this description is only a summary, you should refer to the Indenture, a copy of which is available from us upon request, for a complete description of the obligations of the Issuer and the Guarantors and your rights. We urge you to read the Indenture carefully because it, and not the following description, will govern your rights as a holder of the Notes.

Maturity, Interest and Payment

The Notes will mature on April
1, 2056, subject to earlier redemption at the Issuer’s option as described under “—Redemption.”

The Notes will bear interest
(i) from and including October 3, 2025 (the “original issue date”) to but excluding April 1, 2031(the “First Reset Date”), at the rate of 6.250% per annum and (ii) from and including the First Reset Date, during
each Reset Period (as defined below) at a rate per annum equal to the Five-year U.S. Treasury Rate (as defined below) as of the most recent
Reset Interest Determination Date (as defined below), plus a spread of 2.509% to be reset on each Reset Date