There is no publicly traded parent stock
This issue pays a bonus for an early call. 2% (50 cents) from 5/31/2021 to 5/30/2022 and 1% (25 cents) from 5/31/2022 to 5/31/2023. After these dates and until maturity a call is at $25 plus accrued interest
We may defer interest payments on the Notes on one or more occasions for up to 20 consecutive quarterly periods per deferral period as described in this prospectus supplement. Deferred interest payments will accrue additional interest at a rate equal to the interest rate then applicable to the Notes, compounded quarterly, to the extent permitted by applicable law.
Previously was TICC Capital Corp.
Company announced they will redeem $40,000,000 worth of this issue on 7/24/2023 at $25 plus accrued interest from 6/30/2023
The company has the right to defer interest payments for up to 5 years one or more times without causing a default. Interest will accrue.
NEE Capital may defer interest payments on the Junior Subordinated Debentures on one or more occasions for up to 10 consecutive years per deferral period as described in this prospectus supplement. Deferred interest payments will accrue additional interest at a rate equal to the interest rate on the Junior Subordinated Debentures, to the extent permitted by applicable law.
