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Florida Power & Light Company FRN 20-JUN-2073

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Overview
Analysis

NEE5604336 analysis



Key facts


Issuer
Florida Power & Light Co.
Issue date
Jun 20, 2023
Maturity date
Jun 20, 2073
Outstanding amount
‪485.24 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
4.00% (Variable)
Yield to maturity
4.13%
Florida Power & Light Co. engages in the generation, transmission, distribution, and sale of electric energy to residential and industrial customers. It operates through the following segments: FPL, NEER, and Corporate and Others. The FPL segment comprises of the rate-regulated utility business. The NEER segment consists of competitive and rate-regulated transmission businesses. The Corporate and Others refers to the other business activities. The company was founded in 1925 and is headquartered in Juno Beach, FL.
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