NextEra Energy Capital Holdings announces dates for remarketing of its Series
D Debentures due Sept. 1, 2015
JUNO BEACH, Fla., July 29, 2013
JUNO BEACH, Fla., July 29, 2013 /PRNewswire-FirstCall/ --NextEra Energy
Capital Holdings, Inc. today announced that it will conduct a remarketing of
its SeriesD Debentures due Sept. 1, 2015 (the "Debentures") (CUSIP No.
302570BK1), which are currently outstanding in the aggregate principal amount
of $402.5 million, on Aug. 6, 2013 (and, if necessary, on the following two
business days). The Debentures were originally issued as part of NextEra
Energy, Inc.'s Corporate Units (CUSIP No. 65339F507) on Sept. 21, 2010 (the
"Corporate Units") in conjunction with a Purchase Contract Agreement, dated as
of Sept. 1, 2010 (the "Purchase Contract Agreement"). The Debentures are
guaranteed by NextEra Energy Capital Holdings' parent company, NextEra Energy,
(Logo: http://photos.prnewswire.com/prnh/20110124/FL34682LOGO )
If the remarketing is successful, the interest rate on the Debentures will be
reset to a rate that will enable the Debentures to be remarketed 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
(as those terms are defined in the Purchase Contract Agreement). The reset
interest rate and the subsequent interest payment dates will be established on
the date of the successful remarketing and become effective on the third
business day following the date of such successful remarketing. The
Remarketing Fee will not exceed 0.25 percent of the sum of the Remarketing
Treasury Portfolio Purchase Price plus the Separate Debentures Purchase Price.
Upon a successful remarketing, the proceeds of the remarketing of the
Debentures that were components of the Corporate Units will be used to
purchase a portfolio of U.S. Treasury securities (or principal or interest
strips thereof), which will be substituted for the Debentures and pledged to
secure the obligation of the holders of the Corporate Units to purchase
NextEra Energy common stock on Sept. 1, 2013, pursuant to the Purchase
Contract Agreement. The proceeds from the remarketing of any Debentures that
are not a component of Corporate Units and whose holders elect to include some
or all of those Debentures in the remarketing will be paid to such holders.
Credit Suisse Securities (USA) LLC is the remarketing agent.
This news release does not constitute an offer to sell or a solicitation of an
offer to buy any securities, nor shall there be any sale of securities to
which this communication relates in any jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction.
The issuer has filed a registration statement (including a prospectus) with
the Securities and Exchange Commission ("SEC") for the offering to which this
communication relates. Before a prospective purchaser invests in the
Debentures, such person should read the prospectus in that registration
statement and the related prospectus supplement to be filed with the SEC and
other documents the issuer has filed with the SEC for more complete
information about the issuer and the offering to which this communication
relates. A prospective purchaser may get these documents when available for
free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the
issuer or the remarketing agent will arrange to send a prospective purchaser
the prospectus and the related prospectus supplement if such person requests
it by calling Credit Suisse Securities (USA) LLC toll-free at (800) 842-7860.
NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company with
consolidated revenues of approximately $14.3 billion, more than 42,000
megawatts of generating capacity, and nearly 15,000 employees in 26 states and
Canada as of year-end 2012. Headquartered in Juno Beach, Fla., NextEra
Energy's principal subsidiaries are Florida Power & Light Company, which
serves approximately 4.6 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 largest generator in North America 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. For more information about NextEra Energy
companies, visit these websites: www.NextEraEnergy.com, www.FPL.com,
SOURCE NextEra Energy, Inc.
Contact: NextEra Energy, Inc., Media Line: (561) 694-4442
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