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Florida Power & Light Company FRN 20-JUN-2073

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Key terms


Outstanding amount
‪485.24 M‬ USD
Face value
1,000.00 USD
Minimum denomination
1,000.00 USD
Coupon
4.00% (Variable)
Coupon frequency
Quarterly
Yield to maturity
4.13%
Maturity date
Jun 20, 2073
Term to maturity
48 years

About Florida Power & Light Company FRN 20-JUN-2073


Issuer
Florida Power & Light Co.
Sector
Utilities
Industry
Electric Utilities
Home page
fpl.com
Issue date
Jun 20, 2023
FIGI
BBG01H2Q1VB9
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.

NEE5604336 analysis


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