Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers N > Headlines for NextEra Energy Capital Holdings Inc. > News item |
NextEra Energy to remarket series H debentures due Sept. 1, 2020
By Cristal Cody
Tupelo, Miss., July 27 – NextEra Energy Capital Holdings Inc. (Baa1/A-/A-) plans to remarket its series H debentures due Sept. 1, 2020 on Aug. 6, according to a news release on Friday.
The issue currently has $700 million of notes outstanding, which originally were issued as part of NextEra Energy, Inc.’s corporate units on Sept. 16, 2015 in conjunction with a purchase contract agreement on Sept. 1, 2015.
The debentures are guaranteed by parent company NextEra Energy.
Barclays, Mizuho Securities USA LLC and Wells Fargo Securities, LLC are the remarketing agents.
Proceeds from the remarketing will be used to purchase a portfolio of U.S. Treasury securities, which will be pledged to secure the obligation of the holders of the corporate units to purchase NextEra Energy common stock on Sept. 1.
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.