Core Viewpoint - NextEra Energy Capital Holdings, Inc. is set to conduct a remarketing of its Series M Debentures, totaling $2.0 billion, on July 29, 2025, which are due on September 1, 2027 [1] Group 1: Remarketing Details - The remarketing aims to reset the interest rate on the Debentures, allowing them to be sold at a price equal to or greater than the sum of the Remarketing Treasury Portfolio Purchase Price, the Separate Debentures Purchase Price, and the Remarketing Fee [2] - The Remarketing Fee will not exceed 0.25% of the total of the Remarketing Treasury Portfolio Purchase Price and the Separate Debentures Purchase Price [2] Group 2: Use of Proceeds - Proceeds from the successful remarketing will be used to purchase a portfolio of U.S. Treasury securities or, if yields are negative, an equivalent amount in cash will be used to secure obligations related to the Corporate Units [3] - Holders of Debentures not part of the Corporate Units who choose to participate in the remarketing will receive proceeds directly [3] Group 3: Company Overview - NextEra Energy, Inc. is a leading electric power and energy infrastructure company in North America, providing electricity to approximately 12 million people in Florida through its subsidiary, Florida Power & Light Company [5] - The company also operates NextEra Energy Resources, LLC, one of the largest energy infrastructure development firms in the U.S., focusing on a diverse mix of energy sources including natural gas, nuclear, renewable energy, and battery storage [5]
NextEra Energy Capital Holdings announces dates for remarketing of its Series M Debentures due Sept. 1, 2027