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NextEra Energy, Inc. (NYSE:NEE), a utility giant with a market capitalization of $145 billion, announced Friday that its wholly-owned subsidiary, NextEra Energy Capital Holdings, Inc., has completed the remarketing of approximately $2.0 billion aggregate principal amount of its Series M Debentures due September 1, 2027. The Series M Debentures are guaranteed by NextEra Energy. According to InvestingPro data, the company currently manages total debt of $93.2 billion, with short-term obligations exceeding liquid assets.
According to a press release statement, the debentures were originally issued in September 2022 as part of equity units offered by NextEra Energy. Following the remarketing, the interest rate on the Series M Debentures has been set at 4.685% per year. Interest payments will be made semi-annually on March 1 and September 1, beginning September 1, 2025. Despite its substantial debt position, NextEra Energy maintains a strong dividend track record, having maintained payments for 55 consecutive years with a current yield of 3.2%.
The remarketing was conducted under Registration Statement Nos. 333-278184, 333-278184-01, and 333-278184-02. The company filed a Form 8-K with the U.S. Securities and Exchange Commission to report the completion of the remarketing and to include related documents as exhibits.
This information is based on a statement released in a SEC filing.
In other recent news, NextEra Energy reported its second-quarter 2025 earnings, posting adjusted earnings of $1.05 per share, surpassing analyst expectations of $0.98. However, the company’s revenue for the quarter was $6.7 billion, which did not meet the consensus estimate of $7.29 billion. Following the earnings announcement, Mizuho (NYSE:MFG) raised its price target for NextEra Energy to $74.00 from $69.00, while maintaining a Neutral rating. This adjustment was made after the company’s earnings per share exceeded Wall Street estimates of $1.01. Additionally, NextEra Energy declared a regular quarterly dividend of $0.5665 per share, payable on September 15, 2025, to shareholders of record as of August 28, 2025. These developments reflect the latest financial activities and analyst perspectives on NextEra Energy.
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