Research Update: FPL Group Capital Inc.'s $575 Mil. Notes Rated 'A-'; Outlook Negative - S&P Global Ratings’ Credit Research

Research Update: FPL Group Capital Inc.'s $575 Mil. Notes Rated 'A-'; Outlook Negative

Research Update: FPL Group Capital Inc.'s $575 Mil. Notes Rated 'A-'; Outlook Negative - S&P Global Ratings’ Credit Research
Research Update: FPL Group Capital Inc.'s $575 Mil. Notes Rated 'A-'; Outlook Negative
Published Nov 11, 2004
1392 words — Published Nov 11, 2004
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

On Nov. 11, 2004, Standard&Poor's Ratings Services assigned its 'A-' rating to FPL Group Capital Inc.'s $575 million series A debentures due Feb. 16, 2007. The debentures are unconditionally guaranteed by FPL Group Inc. The issue has a negative outlook. The rating on FPL Group Capital reflects the consolidated credit profile of the FPL Group. FPL Group is an exempt public utility holding company engaged in power generation, transmission, and distribution through its wholly owned subsidiaries, Florida Power&Light Co (FPL) and FPL Group Capital, which wholly owns the unregulated FPL Energy LLC. The Juno Beach, Fl.-based corporation had about $9 billion of consolidated debt as of Sept 30, 2004. The ratings on FPL Group reflect the

  
Brief Excerpt:

RESEARCH Research Update: FPL Group Capital Inc.'s $575 Mil. Notes Rated 'A-'; Outlook Negative Publication date: 11-Nov-2004 Credit Rating: A/Negative/A-1 Rationale On Nov. 11, 2004, Standard & Poor's Ratings Services assigned its...

  
Report Type:

Research Update

Ticker
7410Z
Issuer
NextEra Energy Capital Holdings Inc.
Sector
Global Issuers, Structured Finance
Country
United States
Region
United States
Format:
HTML HTML
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FPL Group Capital Inc. – 2005/04/01 – US$ 500.00

Summary: FPL Group Capital Inc. – 2005/04/01 – US$ 225.00

Summary: FPL Group Capital Inc. – 2005/09/23 – US$ 225.00

Summary: FPL Group Capital Inc. – 2004/05/06 – US$ 225.00

Summary: FPL Group Capital Inc. – 2003/10/20 – US$ 225.00

FPL Group Capital Inc. – 2003/10/20 – US$ 500.00

FPL Group Capital Inc. – 2002/12/24 – US$ 500.00

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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: FPL Group Capital Inc.'s $575 Mil. Notes Rated 'A-'; Outlook Negative" Nov 11, 2004. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-FPL-Group-Capital-Inc-s-575-Mil-Notes-Rated-A-Outlook-Negative-406305>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: FPL Group Capital Inc.'s $575 Mil. Notes Rated 'A-'; Outlook Negative Nov 11, 2004. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-FPL-Group-Capital-Inc-s-575-Mil-Notes-Rated-A-Outlook-Negative-406305>
  
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