Deals 05/15/2023

Loop Capital Markets as co-manager on $500 million first mortgage bond (FMB) offering for Florida Power & Light Company

On May 15, 2023, Loop Capital Markets acted as a co-manager on a $500 million FMB offering for Florida Power & Light Company. The 3-year bond is rated A1/A/A+.

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