Deals • 05/15/2023

Loop Capital Markets as co-manager on $2 billion first mortgage bond (FMB) offering for Florida Power & Light Company

On May 15, 2023, Loop Capital Markets acted as a co-manager on a three-tranche, $2 billion FMB offering for Florida Power & Light Company. The bonds are rated Aa2/A+/AA- across 5-, 7- and 10-year tranches.

Use of proceeds are earmarked for general corporate purposes and repayment of commercial paper.

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