debt
confidence high
sentiment neutral
materiality 0.50
NextEra Energy subsidiary NEECH issues $875M in 6.50% junior subordinated debentures due 2085
NEXTERA ENERGY INC
- NEECH sold $875M principal of Series U Junior Subordinated Debentures at 6.50% interest, payable quarterly.
- Debentures mature June 1, 2085; NEECH may redeem at its option beginning June 2030.
- Debentures are subordinated and guaranteed by NextEra Energy (NEE).
- Proceeds used for general corporate purposes; securities were registered under the 1933 Act.