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 10/30/2017 in the Prospect News Green Finance Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

NextEra to repay $559 million debt due 2044, 2067 with deal proceeds

New York, Oct. 30 – NextEra Energy Capital Holdings, Inc. plans to repay $559 million of debt securities due in 2044 and 2067 using proceeds from an offering of series M junior subordinated debentures due 2077, according to a 424B5 filing with the Securities and Exchange Commission.

The existing debt securities have a weighted average interest rate of 5.36%.

NextEra Energy Capital is a subsidiary of NextEra Energy, Inc. and provides funding for the operations of the parent company’s NextEra Energy Resources, LLC, a generator of electricity that primarily uses renewable resources.


© 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.