Emera Inc.
Description
Completed its bought deal offering of 12 million cumulative minimum rate reset first preferred shares, Series H at a price of $25 per share for aggregate gross proceeds of $300 million. The syndicate of underwriters was led by Scotiabank, CIBC Capital Markets, RBC Capital Markets and TD Securities Inc., as joint bookrunners, and also included BMO Capital Markets, National Bank Financial Inc., Industrial Alliance Securities Inc. and Raymond James Ltd.