Summary
NextEra Energy, Inc. (NEE) subsidiary, NextEra Energy Capital Holdings, Inc., has completed a remarketing of $500 million in aggregate principal amount of its Series G Debentures due September 1, 2018. These debentures, originally issued in 2013 as part of equity units, are guaranteed by the parent company, NEE. The remarketing resulted in a new annual interest rate of 1.649%, with interest payments to be made semi-annually starting March 1, 2017. This event is being reported to disclose the specifics of the interest rate reset and related documentation.
Key Highlights
- 1Completion of a $500 million remarketing of Series G Debentures due September 1, 2018, by NEE subsidiary.
- 2The Series G Debentures are guaranteed by NextEra Energy, Inc. (NEE).
- 3The interest rate on the remarketed debentures has been reset to 1.649% per annum.
- 4Interest payments will commence on March 1, 2017, and be payable semi-annually.
- 5The debentures were originally issued in September 2013 as components of equity units.
- 6This filing primarily serves to report exhibits related to the debenture remarketing.