debt
confidence high
sentiment neutral
materiality 0.75
NextEra Energy Capital issues $2.5B junior subordinated notes due 2055
NEXTERA ENERGY INC
- Sold $1.5B Series S 6.375% junior subordinated debentures due August 15, 2055; rate resets to 5yr Treasury + 2.053% after Aug 2030.
- Sold $1.0B Series T 6.50% junior subordinated debentures due August 15, 2055; rate resets to 5yr Treasury + 1.979% after Aug 2035.
- NEECH may redeem Series S beginning May 2030 and Series T beginning May 2035; NEE guarantees on a subordinated basis.
- Interest rates have a floor equal to the initial rate for each series.
- Offered under existing shelf registration statements.