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NextEra Energy Inc | Series I Junior Subordinated Debentures due November 15, 2072 (NEE.PRI)

Prospectus exerpt:  The Series I Junior Subordinated Debentures (the "Junior Subordinated Debentures") will bear interest at 5.125% per year. NextEra Energy Capital Holdings, Inc. ("NEE Capital") will pay interest on the Junior Subordinated Debentures on February 15, May 15, August 15 and November 15 of each year, beginning February 15, 2013. The Junior Subordinated Debentures will be issued in registered form and in denominations of $25 and integral multiples thereof. The Junior Subordinated Debentures will mature on November 15, 2072. NEE Capital, at its option, may redeem the Junior Subordinated Debentures at the times and the prices described in this prospectus supplement.

NEE Capital may defer interest payments on the Junior Subordinated Debentures on one or more occasions for up to 10 consecutive years per deferral period as described in this prospectus supplement. Deferred interest payments will accrue additional interest at a rate equal to the interest rate on the Junior Subordinated Debentures, to the extent permitted by applicable law.

Full Prospectus PDF », NEE Page »

Series:I
Redeemable?:Yes
Call Date:11/15/2017
Maturity Date:11/15/2072
Cumulative?:Yes
Shares Offered:20,000,000
Liquidation Preference:$25
Recent Market Price:$21.29
Discount to Liquidation Preference:
(More Preferreds Trading at a Discount »)
$-3.71 (-14.84%)
Original Coupon:5.125%
Pay Period:Quarterly
Pay Dates:15-Feb, 15-May, 15-Aug, 15-Nov
NextEra Energy is a holding company. Co. conducts its operations principally through two wholly-owned subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC (NEER). Co. provides retail and wholesale electric services to customers and owns generation, transmission and distribution facilities to support its services. FPL is engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida. NEER produces its electricity from sources, including wind and solar. NEER also provides energy and capacity requirements services, engages in power and gas marketing and trading activities, and owns a retail electricity provider.

Preferreds: NEE.PRG, NEE.PRF, NEE.PRC, NEE.PRH, NEE.PRI, NEE.PRO, NEE.PRJ


Open the NEE Information Page »
Name:  NextEra Energy Inc
Website:  www.nexteraenergy.com
Sector:  Electric Utilities
Number of ETFs Holding NEE:  99 (see which ones)
Total Market Value Held by ETFs:  $3,297,617,769
Total Market Capitalization:  $41,418,000,000
% of Market Cap. Held by ETFs:  7.96%

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