Loan & DebtMar 30, 2026, 03:53 AM
NextEra Energy Capital Holdings Issues €2.5 Billion in Junior Subordinated Debentures
AI Summary
NextEra Energy Capital Holdings, a subsidiary of NextEra Energy, Inc., sold €1.25 billion of Series V and €1.25 billion of Series W Junior Subordinated Debentures due May 15, 2056. The debentures, guaranteed by NEE on a subordinated basis, carry fixed interest rates until 2031 and 2034, respectively, after which the rates will reset every five years based on the Five-Year Swap Rate plus a margin.
Key Highlights
- NEECH issued €2.5 billion in junior subordinated debentures.
- Series V debentures have a 3.996% interest rate until May 15, 2031, then reset every 5 years.
- Series W debentures have a 4.496% interest rate until May 15, 2034, then reset every 5 years.
- The debentures are guaranteed by NextEra Energy on a subordinated basis.
Price Impact
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