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Summary: FPL Group Capital Inc.

Published Sep 25, 2006

1013 words — Published Sep 25, 2006

Price US$ 225.00 | Buy this Report Now

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Abstract:

The ratings on FPL Group Capital Inc. reflect the consolidated credit profile of its parent, FPL Group Inc. In addition, all of FPL Group Capital's debt and obligations are guaranteed by FPL Group. The ratings on FPL Group Inc. (FPL) and its subsidiaries are on CreditWatch with negative implications because of the announced merger with Constellation Energy Group Inc. The combination would most likely increase FPL's satisfactory business risk profile of '5' (business risk profiles are categorized from '1' (excellent) to '10' (vulnerable)) and weaken its financial profile based on the assumption that the combined entity would have a significantly higher percentage of cash flow from higher-risk competitive businesses with little change in the pro forma balance sheet. Despite the

Brief Excerpt:

RESEARCH Summary: FPL Group Capital Inc. Publication date: 25-Sep-2006 Credit Rating: A/Watch Neg/A-1 Rationale The ratings on FPL Group Capital Inc. reflect the consolidated credit profile of its parent, FPL Group Inc. In addition,...

Report Type:

Summary

Ticker

7410Z

Issuer

NextEra Energy Capital Holdings Inc.

Sector

Global Issuers, Structured Finance

Country

United States

Region

United States

Format:

HTML

S&P Corrects Rating On NextEra Energy Capital Holdings Inc.'s Series D Debentures Due 2015 To 'BBB' From 'BBB+' – 2012/05/01 – US$ 150.00

S&P Corrects Rating On NextEra Energy Capital Holdings Inc.'s $400 Million 2.6% Debentures Due 2015 To 'BBB+' From 'BBB' – 2012/05/03 – US$ 150.00

NextEra Energy Capital Holdings Inc. $500 Million Junior Subordinated Debentures Are Rated 'BBB' – 2016/06/03 – US$ 150.00

NextEra Energy Capital Holdings Inc. Junior Subordinated Debentures Due 2079 Assigned 'BBB' Issue Rating – 2019/03/08 – US$ 150.00

NextEra Energy Capital Holdings Inc.'s Series O Junior Subordinated Debentures Due 2079 Rated 'BBB' – 2019/04/02 – US$ 150.00

FPL Group Capital Inc. – 2006/05/02 – US$ 500.00

Summary: FPL Group Capital Inc. – 2006/05/02 – US$ 225.00

Summary: FPL Group Capital Inc. – 2006/02/23 – US$ 225.00

FPL Group Capital Inc.'s $506 Million Notes Rated 'A-' – 2005/11/14 – US$ 150.00

Research Update: FPL Group Capital's $506 Million Notes Rated 'A-' – 2005/11/14 – US$ 225.00

More from S&P Global Ratings’ Credit Research

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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MLA:	S&P Global Ratings’ Credit Research. "Summary: FPL Group Capital Inc." Sep 25, 2006. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-FPL-Group-Capital-Inc-534261>

APA:	S&P Global Ratings’ Credit Research. (). Summary: FPL Group Capital Inc. Sep 25, 2006. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-FPL-Group-Capital-Inc-534261>

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