NEE-Q NextEra Energy, Inc. 6.219% Corporate Units

Each Equity Unit will have a stated amount of $50 and will consist of (1) a purchase contract issued by NEE and (2) initially a 5% undivided beneficial ownership interest in a Series L Debenture due September 1, 2025 issued in the principal amount of $1,000 by NextEra Energy Capital Holdings, Inc. (“NEE Capital”), a wholly-owned subsidiary of NEE, which is referred to as a Corporate Unit. The purchase contract will obligate holders of Equity Units to purchase from NEE, no later than September 1, 2023 for a price of $50 in cash, the following number of shares of NEE common stock (subject to anti-dilution adjustments): if the applicable market value of NEE common stock is equal to or greater than the threshold appreciation price of $369.63, 0.1353 shares of NEE common stock; if the applicable market value is less than the threshold appreciation price of $369.63, but greater than the reference price of $295.70, a number of shares of NEE common stock having a value (based on the applicable market value) which is equal to $50; and if the applicable market value is less than or equal to the reference price of $295.70, 0.1691 shares of NEE common stock. The applicable market value of NEE common stock will be determined by reference to average closing prices of NEE common stock over the 20 consecutive trading day period ending on the third trading day prior to September 1, 2023. The NEE Capital debentures will initially bear interest at a rate of 0.509% per year, payable quarterly in arrears. NEE has agreed to absolutely, irrevocably and unconditionally guarantee the payment of principal, interest and premium, if any, on the NEE Capital debentures. The NEE Capital debentures will be remarketed as described in this prospectus supplement. If this remarketing is successful, the interest rate on the NEE Capital debentures will be reset and thereafter interest will be payable semi-annually at the reset rate. NEE will also pay quarterly contract adjustment payments at a rate of 5.710% per year on the stated amount of $50 per Corporate Unit, or $2.855 per year, subject to NEE’s right to defer contract adjustment payments, as described in this prospectus supplement.  This security was issued by Nextera Energy Inc, whose common stock symbol is NEE.

$52.26
As of 02/17/2021     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Units
Category3:  Large cap
GICS sector:  Utilities
Industry:  Utilities—Regulated Electric
Index country:  USA
Country of incorporation:  USA
IPO date:  09/18/2015
Outstanding shares:  1,959,074,124
Average volume:  21,135
Market cap:   $102,381,213,720
Current dividend yield:  0.00%
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
CUSIP:    
ISIN:        
Sedol:      

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