FWP 1 d467673dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration Nos. 333-254632

and 333-254632-02

 

LOGO

NextEra Energy Capital Holdings, Inc.

Pricing Term Sheet

February 22, 2023

 

Issuer:

NextEra Energy Capital Holdings, Inc.

 

Designation:

Series K Debentures due March 1, 2025

 

Registration Format:

SEC Registered

 

Principal Amount:

$2,500,000,000

 

Date of Maturity:

March 1, 2025

 

Interest Payment Dates:

Semi-annually in arrears on March 1 and September 1,

beginning September 1, 2023

 

Coupon Rate:

6.051%

 

Price to Public:

100.25% of the principal amount thereof

 

Benchmark Treasury:

4.125% due January 31, 2025

 

Benchmark Treasury Yield:

4.717%

Spread to Benchmark

    Treasury Yield:

120 basis points

 

Reoffer Yield:

5.917%

 

Trade Date:

February 22, 2023

 

Settlement Date:*

March 1, 2023

 

CUSIP / ISIN Number:

65339K BP4/US65339KBP49

Expected Credit Ratings:**

    Moody’s Investors Service Inc.

“Baa1” (stable)

    S&P Global Ratings

“BBB+” (stable)

    Fitch Ratings, Inc.

“A-”(stable)

 

Remarketing Agents:

     J.P. Morgan Securities LLC
    

Wells Fargo Securities, LLC

BofA Securities, Inc.

 

*

It is expected that delivery of the Debentures will be made against payment therefor on or about March 1, 2023, which will be the fifth business day following the date of pricing of the Debentures. Under Rule 15c6-1 of the Securities Exchange Act of 1934, trades in the secondary market generally are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, by virtue of the fact that the Debentures initially will settle in T+5, purchasers who wish to trade the Debentures on the date of pricing of the Debentures or the next two succeeding business days should specify an extended settlement cycle at the time they enter into any such trade to prevent failed settlement and should consult their own advisors.


**

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 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 Remarketing Agent or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling J.P. Morgan Securities LLC collect at 1-212-834-4533, Wells Fargo Securities, LLC toll-free at 1-800-645-3751 or BofA Securities, Inc. toll-free at 1-800-294-1322.