Deals • 02/28/2023

Loop Capital Markets as co-manager on $2.5 billion first mortgage bond (FMB) offering for Florida Power & Light Company

On February 28, 2023, Loop Capital Markets served as a co-manager on a three-tranche, $2.5 billion FMB offering for Florida Power & Light Company. The bonds are rated Aa2/A+/AA- across 5-, 10-, and 30-year tranches.

Use of proceeds are earmarked for general corporate purposes and to repay outstanding commercial paper borrowing.

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