HALIFAX, May 17 /CNW/ - Today, Nova Scotia Power Inc. completed the issue of $100 million new Series U Medium Term Notes. The Series U Notes bear interest at the rate of 4.22% per annum until May 17, 2010. Series U Notes held to May 17, 2010 will have an effective annual yield of 4.223%. The Series U Notes were sold through an agency group lead managed by Scotia Capital Inc., and including CIBC World Markets Inc., BMO Nesbitt Burns Inc., RBC Capital Markets Inc. and TD Securities Inc. Nova Scotia Power Inc. is a wholly-owned subsidiary of Emera (TSX-EMA)