Le Lézard
Classified in: Oil industry
Subjects: OFR, FVT

NextEra Energy Capital Holdings, Inc. announces redemption of all outstanding Series G Junior Subordinated Debentures due March 1, 2072, and Series H Junior Subordinated Debentures due June 15, 2072


JUNO BEACH, Fla., Sept. 22, 2017 /PRNewswire/ -- NextEra Energy Capital Holdings, Inc., a subsidiary of NextEra Energy, Inc. (NYSE: NEE), today announced that it will redeem on Oct. 22, 2017, ("redemption date") all of its outstanding (i) Series G Junior Subordinated Debentures due March 1, 2072, (NYSE: NEE.PRG) (CUSIP: 65339K605) ("Series G debentures") and (ii) Series H Junior Subordinated Debentures due June 15, 2072, (NYSE: NEE.PRH) (CUSIP: 65339K704) ("Series H debentures"), in each case at a redemption price ("redemption price") of 100 percent of the principal amount thereof plus accrued and unpaid interest to but excluding the redemption date.

NextEra Energy, Inc. logo. (PRNewsFoto/NextEra Energy, Inc.)

The redemption price for each Series G debenture will be equal to $25 (the principal amount of each Series G debenture) plus accrued and unpaid interest from Sept. 1, 2017, to but excluding Oct. 22, 2017, in the amount per Series G debenture of $0.201875.  The total principal amount of the Series G debentures is $400 million.

The redemption price for each Series H debenture will be equal to $25 (the principal amount of each Series H debenture) plus accrued and unpaid interest from Sept. 15, 2017, to but excluding Oct. 22, 2017, in the amount per Series H debenture of $0.14453125.  The total principal amount of the Series H debentures is $350 million.

On the redemption date, provided that the trustee has received sufficient funds to complete the redemption, the Series G debentures and the Series H debentures will become due and payable and interest will cease to accrue. Payment of the redemption price shall be made on or after the redemption date, upon presentation and surrender of the respective debentures to the trustee at the following address: The Bank of New York Mellon, Bondmaster Ops ? Syracuse-Vault (Tel: 1-800-254-2826), 111 Sanders Creek Parkway, East Syracuse, N.Y. 13057.

NextEra Energy, Inc.

NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company with consolidated revenues of approximately $16.2 billion, approximately 45,900 megawatts of generating capacity, which includes megawatts associated with noncontrolling interests related to NextEra Energy Partners, LP (NYSE: NEP), and approximately 14,700 employees in 30 states and Canada as of year-end 2016. Headquartered in Juno Beach, Florida, NextEra Energy's principal subsidiaries are Florida Power & Light Company, which serves approximately 5 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the United States, and NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin. A Fortune 200 company and included in the S&P 100 index, NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity, and has been ranked No. 1 in the electric and gas utilities industry in Fortune's 2017 list of "World's Most Admired Companies." For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com.

SOURCE NextEra Energy, Inc.


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