Loan & DebtJun 1, 2026, 04:24 PM
Florida Power & Light Sells $2.25B First Mortgage Bonds
AI Summary
Florida Power & Light Company, a subsidiary of NextEra Energy, completed the sale of $2.25 billion in First Mortgage Bonds. This includes $600 million of 5.125% bonds due 2036, $600 million of 5.750% bonds due 2056, and $1.05 billion of 5.900% bonds due 2066. The bonds were registered under the Securities Act of 1933.
Key Highlights
- Florida Power & Light sold $600 million of 5.125% First Mortgage Bonds due June 1, 2036.
- Florida Power & Light sold $600 million of 5.750% First Mortgage Bonds due June 1, 2056.
- Florida Power & Light sold $1,050 million of 5.900% First Mortgage Bonds due June 1, 2066.
- The total principal amount of First Mortgage Bonds sold is $2.25 billion.
Price Impact
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