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Published on 8/6/2018 in the Prospect News Investment Grade Daily.

NextEra Energy remarkets series H debentures sold in September 2015

By Devika Patel

Knoxville, Tenn., Aug. 6 – NextEra Energy Capital Holdings Inc. (Baa1/A-/A-) has brought to market a remarketing of its series H debentures due Sept. 1, 2020, according to a 424B5 filed with the Securities and Exchange Commission.

The debentures are guaranteed by NextEra Energy, Inc.

The issue currently has $700 million of notes outstanding, which originally were issued as part of NextEra Energy, Inc.’s corporate units on Sept. 16, 2015 in conjunction with a purchase contract agreement on Sept. 1, 2015.

The debentures are non-callable.

Barclays, Mizuho Securities USA LLC and Wells Fargo Securities, LLC are the remarketing agents.

Proceeds from the remarketing will be used to purchase a portfolio of U.S. Treasury securities, which will be pledged to secure the obligation of the holders of the corporate units to purchase NextEra Energy common stock on Sept. 1.

NextEra Energy is an energy company based in Juno Beach, Fla.


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