Hunton Advises on EUSHI Finance, Inc.’s $750M Junior Subordinated Notes Offering

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October 3, 2025
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Hunton Andrews Kurth LLP represented the underwriters in connection with EUSHI Finance, Inc.’s (the Issuer) SEC-registered offering of $750 million aggregate principal amount of its 6.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056 (Junior Subordinated Notes). The Junior Subordinated Notes are fully and unconditionally guaranteed on a subordinated basis by Emera Incorporated (Emera) and Emera US Holdings Inc. (EUSHI).

The Issuer is owned directly by Emera through EUSHI. The Issuer was formed for the purpose of Emera’s intercompany financings and does not have any operations or assets other than interests in other financing-related entities and does not have any operating revenues. Based in Halifax, Nova Scotia, Emera owns and operates cost-of-service rate-regulated electric and gas utilities in Canada, the United States, and the Caribbean.

The Hunton team included Peter K. O’Brien, Patrick C. Jamieson, Reuben H. Pearlman, Monika M. Dziewa, and Jack W. Chatas. Robert McNamara and William Freeman provided tax advice.

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