NextEra Energy Capital Holdings Inc. has announced the sale of $400 million in principal amount of its debentures. The debentures bear interest at 4.5% annually and will mature June 1, 2021. The debentures will be guaranteed by NextEra Energy Capital Holdings' parent company, NextEra Energy Inc.
The debentures were offered to the public at 99.922% of face value to yield 4.51% when held to maturity. Net proceeds from the sale will be added to NextEra Energy Capital Holdings' general funds, which the company expects to use to repay a portion of its outstanding commercial paper obligations and for other general corporate purposes.