| | |
Per Note
|
| |
Total
|
| ||||||
Price to Public
|
| | | | % | | | | | $ | | | |
Underwriting Discount
|
| | | | % | | | | | $ | | | |
Proceeds to FPL (before expenses)
|
| | | | % | | | | | $ | | | |
| UBS Investment Bank | | |
Morgan Stanley
|
| |
BofA Merrill Lynch
|
| |
Wells Fargo Securities
|
|
|
Deutsche Bank Securities
|
| |
J.P. Morgan
|
| |
RBC Capital Markets
|
|
| | |
Page
|
| |||
| | | | S-1 | | | |
| | | | S-13 | | | |
| | | | S-13 | | | |
| | | | S-13 | | | |
| | | | S-14 | | | |
| | | | S-14 | | | |
| | | | S-29 | | | |
| | | | S-30 | | |
| | | | | 3 | | | |
| | | | | 3 | | | |
| | | | | 3 | | | |
| | | | | 3 | | | |
| | | | | 4 | | | |
| | | | | 4 | | | |
| | | | | 4 | | | |
| | | | | 5 | | | |
| | | | | 5 | | | |
| | | | | 6 | | | |
| | | | | 7 | | | |
| | | | | 12 | | | |
| | | | | 12 | | | |
| | | | | 12 | | | |
| | | | | 12 | | | |
| | | | | 13 | | | |
| | | | | 13 | | |
| | |
March 31,
2018 |
| |
Adjusted(a)
|
| ||||||||||||
| | |
Amount
|
| |
Percent
|
| ||||||||||||
| | |
(In Millions)
|
| | | | | | | |||||||||
Common shareholder’s equity
|
| | | $ | 18,367 | | | | | $ | | | | | | % | | | |
Long-term debt (excluding current maturities)
|
| | | | 11,803 | | | | | | | | | | | | | | |
Total capitalization
|
| | | $ | 30,170 | | | | | $ | | | | | | | 100.0% | | |
|
Redemption Date
|
| |
Price
|
| |||
June 15, 2048
|
| | | | 105.00% | | |
December 15, 2048
|
| | | | 105.00% | | |
June 15, 2049
|
| | | | 104.50% | | |
December 15, 2049
|
| | | | 104.50% | | |
June 15, 2050
|
| | | | 104.00% | | |
December 15, 2050
|
| | | | 104.00% | | |
June 15, 2051
|
| | | | 103.50% | | |
December 15, 2051
|
| | | | 103.50% | | |
June 15, 2052
|
| | | | 103.00% | | |
December 15, 2052
|
| | | | 103.00% | | |
June 15, 2053
|
| | | | 102.50% | | |
December 15, 2053
|
| | | | 102.50% | | |
June 15, 2054
|
| | | | 102.00% | | |
December 15, 2054
|
| | | | 102.00% | | |
June 15, 2055
|
| | | | 101.50% | | |
December 15, 2055
|
| | | | 101.50% | | |
June 15, 2056
|
| | | | 101.00% | | |
December 15, 2056
|
| | | | 101.00% | | |
June 15, 2057
|
| | | | 100.50% | | |
December 15, 2057
|
| | | | 100.50% | | |
June 15, 2058
|
| | | | 100.00% | | |
Repayment Date
|
| |
Price
|
| |||
June 15, 2019
|
| | | | 98.00% | | |
December 15, 2019
|
| | | | 98.00% | | |
June 15, 2020
|
| | | | 98.00% | | |
December 15, 2020
|
| | | | 98.00% | | |
June 15, 2021
|
| | | | 98.00% | | |
December 15, 2021
|
| | | | 98.00% | | |
June 15, 2022
|
| | | | 98.00% | | |
December 15, 2022
|
| | | | 98.00% | | |
June 15, 2023
|
| | | | 98.00% | | |
December 15, 2023
|
| | | | 99.00% | | |
June 15, 2024
|
| | | | 99.00% | | |
December 15, 2024
|
| | | | 99.00% | | |
June 15, 2025
|
| | | | 99.00% | | |
December 15, 2025
|
| | | | 99.00% | | |
June 15, 2026
|
| | | | 99.00% | | |
December 15, 2026
|
| | | | 99.00% | | |
June 15, 2027
|
| | | | 99.00% | | |
December 15, 2027
|
| | | | 99.00% | | |
June 15, 2028
|
| | | | 99.00% | | |
December 15, 2028
|
| | | | 99.00% | | |
June 15, 2029
|
| | | | 100.00% | | |
Underwriter
|
| |
Principal Amount
of Notes |
| |||
UBS Securities LLC
|
| | | $ | | | |
Morgan Stanley & Co. LLC
|
| | |||||
Merrill Lynch, Pierce, Fenner & Smith
Incorporated |
| | |||||
Wells Fargo Securities, LLC
|
| | |||||
Deutsche Bank Securities Inc.
|
| | |||||
J.P. Morgan Securities LLC
|
| | |||||
RBC Capital Markets, LLC
|
| | |||||
Total
|
| | | $ | | | |
|
| | |
(expressed as a percentage
of principal amount) |
| |||
Underwriting Discount
|
| | | | % | | |
Initial Dealers’ Concession
|
| | | | % | | |
Reallowed Dealers’ Concession
|
| | | | % | | |
| | |
Page
|
| |||
| | | | 3 | | | |
| | | | 3 | | | |
| | | | 3 | | | |
| | | | 3 | | | |
| | | | 4 | | | |
| | | | 4 | | | |
| | | | 4 | | | |
| | | | 5 | | | |
| | | | 5 | | | |
| | | | 6 | | | |
| | | | 7 | | | |
| | | | 12 | | | |
| | | | 12 | | | |
| | | | 12 | | | |
| | | | 12 | | | |
| | | | 13 | | | |
| | | | 13 | | |
|
Years Ended December 31,
|
| ||||||||||||||||||||||||
|
2014
|
| |
2013
|
| |
2012
|
| |
2011
|
| |
2010
|
| ||||||||||||
| 6.21 | | | | | 5.84 | | | | | | 5.43 | | | | | | 5.18 | | | | | | 4.95 | | |