Filed Pursuant to Rule 433
Registration Nos. 333-183052,
333-183052-01, and 333-183052-02
NextEra Energy Capital Holdings, Inc.
Pricing Term Sheet
March 6, 2014
Issuer: NextEra Energy Capital Holdings, Inc.
Designation: |
2.700% Debentures, Series due September 15, 2019 | |
Registration Format: |
SEC Registered | |
Principal Amount: |
$350,000,000 | |
Date of Maturity: |
September 15, 2019 | |
Interest Payment Dates: |
Semi-annually in arrears on March 15 and September 15, beginning September 15, 2014 | |
Coupon Rate: |
2.700% | |
Price to Public: |
100.000% of the principal amount thereof | |
Benchmark Treasury: |
1.500% due February 28, 2019 | |
Benchmark Treasury Yield: |
1.570% | |
Spread to Benchmark |
| |
Treasury Yield: |
113 basis points | |
Reoffer Yield: |
2.700% | |
Trade Date: |
March 6, 2014 | |
Settlement Date: |
March 11, 2014 | |
CUSIP / ISIN Number: |
65339K AK6 / US65339KAK60 | |
Redemption: |
Redeemable at any time prior to August 15, 2019, at 100% of the principal amount plus accrued and unpaid interest plus make-whole premium at discount rate equal to Treasury Yield plus 20 basis points; and redeemable at any time on or after August 15, 2019, at 100% of the principal amount plus accrued and unpaid interest. | |
| ||
Expected Credit Ratings:* |
| |
Moodys Investors Service Inc. |
Baa1 (stable) | |
Standard & Poors Ratings Services |
BBB+ (stable) | |
Fitch Ratings |
A- (stable) | |
|
| |
Joint Book-Running Managers: | ||
Barclays Capital Inc. | ||
Citigroup Global Markets Inc. | ||
Credit Suisse Securities (USA) LLC | ||
Mitsubishi UFJ Securities (USA), Inc. | ||
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* A security rating is not a recommendation to buy, sell or hold securities and should be evaluated independently of any other rating. The rating is subject to revision or withdrawal at any time by the assigning rating organization.
The terms make-whole premium and Treasury Yield have the meanings ascribed to those terms in the Issuers Preliminary Prospectus Supplement, dated March 6, 2014.
The Issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc. toll-free at 1-888-603-5847, Citigroup Global Markets Inc. toll-free at 1-800-831-9146, Credit Suisse Securities (USA) LLC toll-free at 1-800-221-1037 or Mitsubishi UFJ Securities (USA), Inc. toll-free at 1-877-649-6848.