NextEra Energy Capital Holdings Series K 5.25% Subordinated Debentures Due 2076

By: ,

Date Issued   5/31/2016

Shares Sold  20,000,000     Overallotment Shares   3,000,000

S&P Rating  BBB   Moodys   Baa2

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Security Ticker Symbol   NEE-K

Market Traded ON   NYSE

Interest Payment Paid on the 1st of March, June, September and December beginning on 09/1/2016

Quarterly Interest   .328   Annual Interest   1.3125

Securities may be redeemed, at the issuers option, as early as 06/01/2021 for a redemption price of $25/share plus accrued interest

Securities may be redeemed PRIOR TO 6/1/2021.  Redemption would be at $25 plus accrued interest plus a make whole payment of treasury yield plus 40 basis points.

Interest may be deferred for up to 10 consecutive years.

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

Maturity Date   6/1/2076

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Company Investor Relations Page for NextEra Energy Capital

Click Here for the offering Prospectus and or final pricing document

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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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