| | | | | | | | | | | | | |
Title of Each Class of Securities to be Registered
|
| |
Maximum Aggregate
Offering Price |
| |
Amount of Registration Fee
(1)(2) |
| ||||||
Florida Power & Light Company Floating Rate Notes,
Series due November 14, 2068 |
| | | $ | 99,330,000 | | | | | $ | 12,038.80 | | |
|
| | |
Per Note
|
| |
Total
|
| ||||||
Price to Public
|
| | | | 100.00% | | | | | $ | 99,330,000 | | |
Underwriting Discount
|
| | | | 1.00% | | | | | $ | 993,300 | | |
Proceeds to FPL (before expenses)
|
| | | | 99.00% | | | | | $ | 98,336,700 | | |
|
UBS Investment Bank
|
| |
Morgan Stanley
|
| |
J.P. Morgan
|
| |
Wells Fargo Securities
|
|
|
Deutsche Bank Securities
|
| |
BofA Merrill Lynch
|
|
| | |
Page
|
| |||
| | | | S-1 | | | |
| | | | S-12 | | | |
| | | | S-12 | | | |
| | | | S-13 | | | |
| | | | S-13 | | | |
| | | | S-22 | | | |
Prospectus
|
| ||||||
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| | | | 23 | | |
| | | | | | | | |
Adjusted(a)
|
| |||||||||
| | |
September 30, 2018
|
| |
Amount
|
| |
Percent
|
| |||||||||
| | |
(In Millions)
|
| | | | | | | |||||||||
Common shareholder’s equity
|
| | | $ | 21,109 | | | | | $ | 21,109 | | | | | | 64.4% | | |
Long-term debt (excluding current maturities)
|
| | | | 11,595 | | | | | | 11,694 | | | | | | 35.6 | | |
Total capitalization
|
| | | $ | 32,704 | | | | | $ | 32,803 | | | | | | 100.0% | | |
|
Redemption Date
|
| |
Price
|
| |||
November 14, 2048
|
| | | | 105.00% | | |
May 14, 2049
|
| | | | 105.00% | | |
November 14, 2049
|
| | | | 104.50% | | |
May 14, 2050
|
| | | | 104.50% | | |
November 14, 2050
|
| | | | 104.00% | | |
May 14, 2051
|
| | | | 104.00% | | |
November 14, 2051
|
| | | | 103.50% | | |
May 14, 2052
|
| | | | 103.50% | | |
November 14, 2052
|
| | | | 103.00% | | |
May 14, 2053
|
| | | | 103.00% | | |
November 14, 2053
|
| | | | 102.50% | | |
May 14, 2054
|
| | | | 102.50% | | |
November 14, 2054
|
| | | | 102.00% | | |
May 14, 2055
|
| | | | 102.00% | | |
November 14, 2055
|
| | | | 101.50% | | |
May 14, 2056
|
| | | | 101.50% | | |
November 14, 2056
|
| | | | 101.00% | | |
May 14, 2057
|
| | | | 101.00% | | |
November 14, 2057
|
| | | | 100.50% | | |
May 14, 2058
|
| | | | 100.50% | | |
November 14, 2058
|
| | | | 100.00% | | |
Repayment Date
|
| |
Price
|
| |||
November 14, 2019
|
| | | | 98.00% | | |
May 14, 2020
|
| | | | 98.00% | | |
November 14, 2020
|
| | | | 98.00% | | |
May 14, 2021
|
| | | | 98.00% | | |
November 14, 2021
|
| | | | 98.00% | | |
May 14, 2022
|
| | | | 98.00% | | |
November 14, 2022
|
| | | | 98.00% | | |
May 14, 2023
|
| | | | 98.00% | | |
November 14, 2023
|
| | | | 98.00% | | |
May 14, 2024
|
| | | | 99.00% | | |
November 14, 2024
|
| | | | 99.00% | | |
May 14, 2025
|
| | | | 99.00% | | |
November 14, 2025
|
| | | | 99.00% | | |
May 14, 2026
|
| | | | 99.00% | | |
November 14, 2026
|
| | | | 99.00% | | |
May 14, 2027
|
| | | | 99.00% | | |
November 14, 2027
|
| | | | 99.00% | | |
May 14, 2028
|
| | | | 99.00% | | |
November 14, 2028
|
| | | | 99.00% | | |
May 14, 2029
|
| | | | 99.00% | | |
November 14, 2029
|
| | | | 100.00% | | |
Underwriter
|
| |
Principal Amount
of Notes |
| |||
UBS Securities LLC
|
| | | $ | 58,352,000 | | |
Morgan Stanley & Co. LLC
|
| | | | 21,715,000 | | |
J.P. Morgan Securities LLC
|
| | | | 10,025,000 | | |
Wells Fargo Securities, LLC
|
| | | | 6,288,000 | | |
Deutsche Bank Securities Inc.
|
| | | | 2,750,000 | | |
Merrill Lynch, Pierce, Fenner & Smith
Incorporated |
| | | | 200,000 | | |
Total
|
| | | $ | 99,330,000 | | |
|
| | |
(expressed as a percentage
of principal amount) |
| |||
Underwriting Discount
|
| | | | 1.00% | | |
Initial Dealers’ Concession
|
| | | | 0.75% | | |
Reallowed Dealers’ Concession
|
| | | | 0.50% | | |
| | |
Page
|
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|
Years Ended December 31,
|
| ||||||||||||||||||||||||
|
2017
|
| |
2016
|
| |
2015
|
| |
2014
|
| |
2013
|
| ||||||||||||
|
6.76
|
| | | | 6.63 | | | | | | 6.45 | | | | | | 6.21 | | | | | | 5.84 | | |
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