-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UaAypbCcMdrnyhteIEgnNejgtb6A4c7JaYnbdnXUVsybIvnZGYlkVK8gqebh8u/L wWxULa5t79fQk1fE0wzEMA== 0000950120-07-000252.txt : 20070412 0000950120-07-000252.hdr.sgml : 20070412 20070412155601 ACCESSION NUMBER: 0000950120-07-000252 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20070412 DATE AS OF CHANGE: 20070412 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FLORIDA POWER & LIGHT CO CENTRAL INDEX KEY: 0000037634 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 590247775 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-137120-07 FILM NUMBER: 07763660 BUSINESS ADDRESS: STREET 1: 700 UNIVERSE BLVD CITY: JUNO BEACH STATE: FL ZIP: 33408 BUSINESS PHONE: 5616943715 MAIL ADDRESS: STREET 1: P O BOX 14000 CITY: JUNO BEACH STATE: FL ZIP: 33408 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FLORIDA POWER & LIGHT CO CENTRAL INDEX KEY: 0000037634 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 590247775 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 700 UNIVERSE BLVD CITY: JUNO BEACH STATE: FL ZIP: 33408 BUSINESS PHONE: 5616943715 MAIL ADDRESS: STREET 1: P O BOX 14000 CITY: JUNO BEACH STATE: FL ZIP: 33408 FWP 1 termsheet.htm PRICING TERM SHEET Pricing Term Sheet
 
Filed pursuant to Rule 433
Registration Statement Nos. 333-137120, 333-137120-01, 333-137120-02,
333-137120-03, 333-137120-04, 333-137120-05,
333-137120-06, 333-137120-07 and 333-137120-08

 
FLORIDA POWER & LIGHT COMPANY
 
Pricing Term Sheet
 
April 12, 2007
 
Issuer: Florida Power & Light Company

Underwriting Agreement dated April 12, 2007

Representatives:
ABN AMRO Incorporated
Barclays Capital Inc.
Citigroup Global Markets Inc.

Bonds:
Designation:
First Mortgage Bonds, 5.85% Series due May 1, 2037
Principal Amount:
$300,000,000
Date of Maturity:
May 1, 2037
Coupon Rate:
5.85%
Price to Public:
99.800% of the principal amount thereof
Treasury Benchmark:
4.50% due February 15, 2036
Benchmark Price:
93-11+
Benchmark Yield:
4.934%
Spread to Benchmark
        Treasury:

+93 basis points
Reoffer Yield:
5.864%
Settlement Date:
April 17, 2007
CUSIP / ISIN Number:
341081 EY9 / US341081EY97
Expected Credit Ratings*:
 
        Moody’s Investors Service Inc.
“Aa3” (stable outlook)
        Standard & Poor’s Ratings Services
“A” (stable outlook)
        Fitch Ratings
“AA-” (stable outlook)
Make-Whole Call:
At any time at 100% plus Make-Whole Premium at discount rate equal to Treasury Yield plus 15 basis points.

* A security rating is not a recommendation to buy, sell or hold securities and should be evaluated independently of any other rating. The rating is subject to revision or withdrawal at any time by the assigning rating organization.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling ABN AMRO Incorporated toll-free at 1-888-226-3754; Barclays Capital Inc. toll-free at 1-888-227-2275, Ext. 2663; or Citigroup Global Markets Inc. toll-free at 1-877-858-5407.
 
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