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NextEra Energy logoNextEra Energy NEE

NextEra Energy said its subsidiary Florida Power & Light Company sold $167,105,000 principal amount of Floating Rate Notes, Series due July 2, 2074 on July 1, 2024.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. NextEra Energy said its subsidiary Florida Power & Light Company sold $167,105,000 principal amount of Floating Rate Notes, Series due July 2, 2074 on July 1, 2024.

  2. The company said the Notes bear interest at a rate equal to Compounded SOFR (a compounded Secured Overnight Financing Rate as specified in the Notes) minus 0.35%, calculated quarterly.

  3. The company said the Notes were registered under the Securities Act of 1933 pursuant to Registration Statement Nos. 333-278184, 333-278184-01 and 333-278184-02, and that this Current Report on Form 8-K was filed to report related documents as exhibits.

  4. The company disclosed that it attached as exhibits opinions and consents dated July 1, 2024 from Squire Patton Boggs (US) LLP and Morgan, Lewis & Bockius LLP, counsel to Florida Power & Light Company, each relating to the Notes.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Floating Rate Notes sale size

NextEra Energy said its subsidiary Florida Power & Light Company sold $167,105,000 principal amount of Floating Rate Notes, Series due July 2, 2074 on July 1, 2024.

Source · Based on the filing body and exhibits

Interest rate calculation

The company said the Notes bear interest at a rate equal to Compounded SOFR (a compounded Secured Overnight Financing Rate as specified in the Notes) minus 0.35%, calculated quarterly.

Source · Based on the filing body and exhibits

Securities Act registration and filing purpose

The company said the Notes were registered under the Securities Act of 1933 pursuant to Registration Statement Nos. 333-278184, 333-278184-01 and 333-278184-02, and that this Current Report on Form 8-K was filed to report related documents as exhibits.

Source · Based on the filing body and exhibits

Attached legal opinions

The company disclosed that it attached as exhibits opinions and consents dated July 1, 2024 from Squire Patton Boggs (US) LLP and Morgan, Lewis & Bockius LLP, counsel to Florida Power & Light Company, each relating to the Notes.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.