Loan & DebtMay 26, 2026, 04:18 PM
Florida Power & Light Sells $255.4M Floating Rate Notes
AI Summary
Florida Power & Light Company, a subsidiary of NextEra Energy, sold $255,394,000 principal amount of Floating Rate Notes due June 1, 2076. The Notes will bear interest at a rate equal to Compounded SOFR minus 0.35%, calculated quarterly. This filing also includes legal opinions and consents related to the sale of these Notes.
Key Highlights
- Florida Power & Light Company sold $255,394,000 principal amount of Notes.
- The Notes are Floating Rate Notes, Series due June 1, 2076.
- Interest rate is Compounded SOFR minus 0.35%, calculated quarterly.
- The Notes were registered under the Securities Act of 1933.
- Exhibits include legal opinions from Squire Patton Boggs and Morgan, Lewis & Bockius.
Price Impact
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