Subject
To take final action in Docket No. 140159-EI - Application for authority to issue and sell securities for 24 months ending December 31, 2016, by Florida Power and Light Company.
The Florida Public Service Commission will consider at its October 2, 2014, Commission Conference, Docket No. 140159-EI, for authority to issue and sell securities pursuant to Section 366.04, Florida Statutes, and Chapter 25-8, Florida Administrative Code. The Company seeks PSC approval pursuant to Section 366.04, Florida Statutes, and Chapter 25-8, Florida Administrative Code, to issue and sell, and/or exchange any combination of the long-term debt and equity securities and/or to assume liabilities or obligations as guarantor, endorser, or surety in an aggregate amount not to exceed $6.1 billion during calendar year 2015. In addition, the Company seeks permission to issue and sell short-term securities during the calendar years 2015 and 2016 in an amount or amounts such that the aggregate principal amount of short-term securities outstanding at the time of, and including, any such sale shall not exceed $4.0 billion.