| | ||||||||||||||
Title of Each Class of Securities to be Registered
|
| | |
Maximum Aggregate
Offering Price |
| | |
Amount of Registration
Fee(1)(2) |
| ||||||
Florida Power & Light Company First Mortgage Bonds, 3.70% Series due December 1, 2047
|
| | | | $ | 694,463,000 | | | | | | $ | 86,460.64 | | |
|
| | |
Per First
Mortgage Bond |
| |
Total
|
| ||||||
Price to Public
|
| | | | 99.209% | | | | | $ | 694,463,000 | | |
Underwriting Discount
|
| | | | 0.875% | | | | | $ | 6,125,000 | | |
Proceeds to FPL (before expenses)
|
| | | | 98.334% | | | | | $ | 688,338,000 | | |
|
BNY Mellon Capital Markets, LLC
|
| |
BofA Merrill Lynch
|
| |
Citigroup
|
| |
MUFG
|
|
|
Credit Agricole CIB
|
| |
SunTrust Robinson Humphrey
|
| |
TD Securities
|
| |
US Bancorp
|
|
| COMMERZBANK | | |
Fifth Third Securities
|
| |
HSBC
|
|
|
Santander
|
| | Synovus Securities, Inc. | |
| | |
Page
|
| |||
Prospectus Supplement
|
| ||||||
| | | | S-1 | | | |
| | | | S-12 | | | |
| | | | S-12 | | | |
| | | | S-12 | | | |
| | | | S-13 | | | |
| | | | S-14 | | | |
| | | | S-20 | | | |
| | | | S-23 | | | |
Prospectus
|
| ||||||
| | | | 3 | | | |
| | | | 3 | | | |
| | | | 3 | | | |
| | | | 3 | | | |
| | | | 4 | | | |
| | | | 4 | | | |
| | | | 4 | | | |
| | | | 5 | | | |
| | | | 5 | | | |
| | | | 6 | | | |
| | | | 7 | | | |
| | | | 12 | | | |
| | | | 12 | | | |
| | | | 12 | | | |
| | | | 12 | | | |
| | | | 13 | | | |
| | | | 13 | | |
| | |
September 30,
2017 |
| |
Adjusted(a)
|
| ||||||||||||
|
Amount
|
| |
Percent
|
| ||||||||||||||
| | |
(In Millions)
|
| | ||||||||||||||
Common shareholder’s equity
|
| | | $ | 17,346 | | | | | $ | 17,346 | | | | | | 60.5% | | |
Long-term debt (excluding current maturities)
|
| | | | 10,055 | | | | | | 11,315 | | | | | | 39.5 | | |
Total capitalization
|
| | | $ | 27,401 | | | | | $ | 28,661 | | | | | | 100.0% | | |
|
Underwriter
|
| |
Principal Amount
of Offered Bonds |
| |||
BNY Mellon Capital Markets, LLC
|
| | | $ | 78,750,000 | | |
Citigroup Global Markets Inc.
|
| | | | 78,750,000 | | |
Merrill Lynch, Pierce, Fenner & Smith
Incorporated |
| | | | 78,750,000 | | |
MUFG Securities Americas Inc.
|
| | | | 78,750,000 | | |
Credit Agricole Securities (USA) Inc.
|
| | | | 78,750,000 | | |
SunTrust Robinson Humphrey, Inc.
|
| | | | 78,750,000 | | |
TD Securities (USA) LLC
|
| | | | 78,750,000 | | |
U.S. Bancorp Investments, Inc.
|
| | | | 78,750,000 | | |
Commerz Markets LLC
|
| | | | 12,250,000 | | |
Fifth Third Securities, Inc.
|
| | | | 12,250,000 | | |
HSBC Securities (USA) Inc.
|
| | | | 12,250,000 | | |
Santander Investment Securities Inc.
|
| | | | 12,250,000 | | |
Synovus Securities, Inc.
|
| | | | 12,250,000 | | |
Drexel Hamilton, LLC
|
| | | | 4,375,000 | | |
Guzman & Company
|
| | | | 4,375,000 | | |
Total
|
| | | $ | 700,000,000 | | |
|
| | |
(expressed as a percentage
of principal amount) |
| |||
Underwriting Discount
|
| | | | 0.875% | | |
Initial Dealers’ Concession
|
| | | | 0.500% | | |
Reallowed Dealers’ Concession
|
| | | | 0.350% | | |
| | |
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 | | |
|
BNY Mellon Capital Markets, LLC
|
| |
BofA Merrill Lynch
|
| | Citigroup | | |
MUFG
|
|
|
Credit Agricole CIB
|
| |
SunTrust Robinson Humphrey
|
| |
TD Securities
|
| |
US Bancorp
|
|
| COMMERZBANK | | |
Fifth Third Securities
|
| |
HSBC
|
|
|
Santander
|
| | Synovus Securities, Inc. | |
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