Business
Nova Scotia Power Inc. issues $150 million in medium term notes
HALIFAX, Dec. 12 /CNW/ - Today Nova Scotia Power Inc. completed the issue of $150 million re-open...
About this update from Emera Incorporated
[{"type":"text","content":"\n\n\n\nHALIFAX, Dec. 12 /CNW/ - Today Nova Scotia Power Inc. completed the issue\nof $150 million re-opened Series T Medium Term Notes. The Series T notes bear\ninterest at the rate of 5.75% and yield 6.238% per annum until October 1,\n2013.\n\n\nNova Scotia Power Inc.'s agency group for this issue under its Medium\nTerm Note Program is led by CIBC World Markets Inc., and includes Scotia\nCapital Inc., RBC Dominion Securities Inc., BMO Nesbitt Burns Inc. and TD\nSecurities Inc.\n\n\nAbout Nova Scotia Power\n\n\nNova Scotia Power Inc. is the largest wholly-owned subsidiary of Emera\nInc. (TSX-EMA), a diversified energy and services company. Nova Scotia Power\nprovides more than 95% of the generation, transmission and distribution of\nelectrical power to 478,000 customers in the province. The company is focused\non new technologies to enhance customer service and reliability, reduce\nemissions and add renewable energy. Nova Scotia Power has 1,700 employees and\n$3 billion in assets.\n\n\nForward Looking Information\n\n\nThis news release contains forward looking information. Actual future\nresults may differ materially. Additional financial and operational\ninformation is filed electronically with various securities commissions in\nCanada through the System for Electronic Document Analysis and Retrieval\n(SEDAR).\n\n\n","length":1386,"tagName":"div"}]