NextEra Energy eyes fixed-rate guaranteed debentures due 2030

By Devika Patel

Knoxville, Tenn., May 5 – NextEra Energy Capital Holdings Inc. plans to price fixed-rate guaranteed debentures due June 1, 2030, according to a 424B5 filing with the Securities and Exchange Commission.

The debentures are guaranteed by NextEra Energy Capital Holdings' parent company, NextEra Energy, Inc.

The securities feature a make-whole call until March 1, 2030 and are then callable at par after that date.

The bookrunners are BofA Securities Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets Corp., Barclays, BNY Mellon Capital Markets LLC, BMO Capital Markets Corp., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Mizuho Securities USA Inc., MUFG, PNC Capital Markets LLC, Regions Securities LLC, Santander Investment Securities Inc., SMBC Nikko Securities America Inc., SunTrust Robinson Humphrey Inc. and Wells Fargo Securities LLC.

The company will add the net proceeds from the sale to its general funds, which may then be used to fund investments in energy and power projects and for other general corporate purposes.

NextEra Energy is an energy company based in Juno Beach, Fla.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.