On September 19, 2006, FPL Group Capital Inc (FPL Group Capital), a wholly-owned subsidiary of FPL Group, Inc. (FPL Group), sold $350 million principal amount of its Series A Enhanced Junior Subordinated Debentures due 2066 (Series A Debentures) and $350 million principal amount of its Series B Enhanced Junior Subordinated Debentures due 2066 (Series B Debentures). The Series A Debentures bear interest at 6.60% per year. The Series B Debentures will initially bear interest at 6.35% per year and, beginning October 1, 2016, will bear interest at the three-month LIBOR rate plus 206.75 basis points, reset quarterly. Both series of debentures are fully and unconditionally guaranteed on a subordinated basis by FPL Group. The Series A Debentures were sold pursuant to a Prospectus Supplement dated September 12, 2006 to a Prospectus dated September 5, 2006, the Series B Debentures were sold pursuant to a Prospectus Supplement dated September 13, 2006 to a Prospectus da ted September 5, 2006 and both the Series A Debentures and the Series B Debentures were sold pursuant to Registration Statement Nos. 333-137120, 333-137120-01, 333-137120-02, 333-137120-03, 333-137120-04, 333-137120-05, 333-137120-06, 333-137120-07 and 333-137120-08, which registration statement became effective on September 5, 2006. This Current Report on Form 8-K is being filed to report as exhibits certain documents in connection with these offerings. |
| 4(a)
| | Indenture (For Unsecured Subordinated Debt Securities), dated as of September 1, 2006, among FPL Group Capital Inc, FPL Group, Inc. (as Guarantor) and The Bank of New York (as Trustee)
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| 5(a)
| | Opinion and Consent, dated September 19, 2006, of Squire, Sanders & Dempsey L.L.P., counsel to FPL Group, Inc. and FPL Group Capital Inc
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| 5(b) and 8
| | Opinion and Consent, dated September 19, 2006, of Thelen Reid & Priest LLP, counsel to FPL Group, Inc. and FPL Group Capital Inc
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