Emera to redeem 6.75% subordinated notes in 2026

Emera Incorporated plans to redeem all of its remaining outstanding 6.75% Fixed-to-Floating Subordinated Notes — Series 2016-A due 2076.

Rhea-AI Filing Summary

Emera Incorporated plans to redeem all of its remaining outstanding 6.75% Fixed-to-Floating Subordinated Notes — Series 2016-A due 2076. The Company has issued a notice of redemption for $1,200,000,000.00 of these Notes, with a redemption date of June 15, 2026.

Holders will receive 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date. Payments and surrender of the Notes will be handled through the facilities of the Depository Trust Company in line with its procedures.

Insights

Credit markets analyst

Emera moves to retire $1.2B subordinated notes in June 2026.

Emera Incorporated intends to redeem all remaining outstanding 6.75% Fixed-to-Floating Subordinated Notes — Series 2016-A due 2076, totaling $1,200,000,000.00. The redemption on June 15, 2026 occurs at 100% of principal plus accrued and unpaid interest.

These Notes are subordinated and fixed-to-floating rate, so retiring them may affect the company’s interest expense profile and capital structure, depending on how the redemption is funded. The filing does not specify replacement financing or balance sheet impacts, so the direct effect on leverage and liquidity remains undefined here.

Key Figures

Notes principal: $1,200,000,000.00 Coupon rate: 6.75% Original maturity: 2076 +2 more

5 metrics

Notes principal $1,200,000,000.00 Remaining outstanding 6.75% Fixed-to-Floating Subordinated Notes — Series 2016-A

Coupon rate 6.75% Fixed-to-Floating Subordinated Notes — Series 2016-A

Original maturity 2076 Stated due date of Series 2016-A subordinated notes

Redemption date June 15, 2026 Scheduled date for full redemption of the Notes

Redemption price 100% of principal plus accrued and unpaid interest Amount payable to noteholders on redemption date

Key Terms

Fixed-to-Floating Subordinated Notes, notice of redemption, Depository Trust Company, Section 18 of the Securities Exchange Act of 1934, +1 more

5 terms

Fixed-to-Floating Subordinated Notes financial

"6.75% Fixed-to-Floating Subordinated Notes — Series 2016-A due 2076"

notice of redemption financial

"issued a notice of redemption (the “Notice of Redemption”) for all $1,200,000,000.00"

A notice of redemption is a formal announcement from a bond or preferred-stock issuer that it will repay and retire those securities on a specified date and at a specified price, telling holders which issues will be called and when. It matters to investors because it changes the timing and amount of expected cash flows—like a store buying back a gift card early, you get your money sooner but may lose future income and must find a new place to reinvest.

Depository Trust Company financial

"will be made through the facilities of the Depository Trust Company"

A central securities depository that holds stocks, bonds and other securities in electronic form and handles the transfer and finalizing of trades between brokerages. For investors it acts like a secure electronic vault and central bookkeeping hub that speeds transactions, reduces the chance of lost or duplicated certificates, and determines whether holdings are eligible for trading, dividends and other corporate actions through your broker.

Section 18 of the Securities Exchange Act of 1934 regulatory

"shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934"

Report of Foreign Private Issuer regulatory

"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER"

A report of a foreign private issuer is a formal filing that a non‑U.S. company makes to U.S. regulators to share important business, financial, or governance information with American investors. Think of it as a regular update or press packet that keeps investors informed about events that could change a company’s value—like earnings, management changes, contracts, or regulatory developments—so investors can make timely, informed decisions.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What action did Emera (EMA) announce regarding its 6.75% subordinated notes?

Emera plans to redeem all remaining outstanding 6.75% Fixed-to-Floating Subordinated Notes — Series 2016-A due 2076, totaling $1,200,000,000.00. The redemption will occur at 100% of principal plus accrued and unpaid interest, fully retiring this subordinated debt issue.

When is the redemption date for Emera’s 6.75% Series 2016-A notes?

The redemption date for Emera’s 6.75% Fixed-to-Floating Subordinated Notes — Series 2016-A due 2076 is June 15, 2026. On that date, noteholders will receive the redemption price and accrued interest through the Depository Trust Company’s standard settlement procedures.

What redemption price will Emera pay for the 6.75% subordinated notes?

Emera will pay a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, June 15, 2026. This structure provides holders full principal recovery along with interest earned up to the redemption date.

How much of Emera’s 6.75% Series 2016-A notes are being redeemed?

Emera is redeeming all of its remaining outstanding 6.75% Fixed-to-Floating Subordinated Notes — Series 2016-A due 2076, totaling $1,200,000,000.00. This represents a complete takeout of that subordinated note issue as described in the notice of redemption.

How will Emera’s 6.75% note redemption be processed for investors?

Payment of the redemption price and surrender of the Notes will be handled through the facilities of the Depository Trust Company. Holders will follow the applicable DTC procedures on June 15, 2026 to receive principal and accrued interest upon redemption.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/30/2026 - 12:16 PM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April, 2026

Commission File Number: 001-42631

Emera Incorporated

(Exact name of registrant as specified in its charter)

5151 Terminal Road

Halifax NS B3J 1A1

Canada

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☐   Form 40-F ☑

On April 30, 2026, Emera Incorporated (the “Company”) issued a notice of redemption (the “Notice of Redemption”) for all $1,200,000,000.00 of its remaining outstanding 6.75% Fixed-to-Floating Subordinated Notes — Series 2016-A due 2076 (the “Notes”). As set forth in the Notice of Redemption, the redemption date is June 15, 2026 (the “Redemption Date”), and the redemption price for the Notes is 100% of the principal amount of the Notes thereof, together with accrued and unpaid interest to, but excluding, the Redemption Date. Payment of the redemption price and surrender of the Notes for redemption will be made through the facilities of the Depository Trust Company in accordance with the applicable procedures of the Depository Trust Company on June 15, 2026.

This Report on Form 6-K is not a notice of redemption with respect to the Notes, and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as otherwise expressly stated in such future filing.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

				EMERA INCORPORATED
Date: April 30, 2026				By:		/s/ Brian C. Curry
						Name: Brian C. Curry
						Title: Corporate Secretary