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Published on 5/1/2023 in the Prospect News Bank Loan Daily, Prospect News Canadian Bonds Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Fitch rates Emera notes BBB

Fitch Ratings said it assigned a BBB rating to Emera Inc.'s C$500 million of series 2023-1 unsecured notes issuance.

The notes are part of an outstanding class, also rated BBB, of unsecured debt identical to C$500 million unsecured notes maturing in June 2023.

The proceeds will be used to repay those notes.

The outlook remains negative.


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