FPL Group 8.75% Junior Subordinated Debentures (Nextera)

By: ,


S&P Rating  BBB

Security Ticker Symbol   NEE-F


Market Traded ON   NYSE

Interest Payment Paid on the 1st of March, June, September and December beginning on 06/01/2009

Quarterly Interest   .547   Annual Interest   2.188

Securities may be redeemed, at the issuers option, as early as 03/01/2014 for a redemption price of $25/share plus accrued interest

Interest Payment Will NOT be Qualified Distributions.  Payments are interest (not dividends) thus they do not qualify for preferential tax rates.

Maturity Date   03/01/2069


Company Investor Relations Page for FPL Group (Nextera)

Below you can find the offering Prospectus and or final pricing documents


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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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