E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/2/2022 in the Prospect News Investment Grade Daily.

NextEra Energy remarketing $1.5 billion series J debentures due 2024

By William Gullotti

Buffalo, N.Y., Aug. 2 – NextEra Energy Capital Holdings Inc. plans to remarket its $1.5 billion series J debentures due Sept. 1, 2024, according to a 424B5 filing with the Securities and Exchange Commission.

Barclays, Goldman Sachs & Co. LLC and Credit Suisse Securities (USA) LLC are the remarketing agents.

Bank of New York Mellon is the trustee.

The debentures were originally issued as part of NextEra Energy, Inc.'s equity units in September 2019, are guaranteed by the parent company and are a part of a 30 million equity unit offering. At issue, each unit contained a 5% beneficial interest in the series.

Proceeds from the remarketing of the debentures will be used to purchase Treasury securities that mature on or prior to Aug. 31, 2022, a portion of which will then be pledged to secure the purchase contract obligations of the holders of corporate units.

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.