UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of earliest event reported:
May 10, 2006
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Commission
File
Number |
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Exact name of registrants as specified in their
charters, address of principal executive offices and
registrants' telephone number |
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IRS Employer
Identification
Number |
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1-8841
2-27612
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FPL GROUP, INC.
FLORIDA POWER & LIGHT COMPANY
700 Universe Boulevard
Juno Beach, Florida 33408
(561) 694-4000 |
59-2449419
59-0247775
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State or other jurisdiction of incorporation or organization: Florida
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions:
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[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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SECTION 2 - FINANCIAL INFORMATION |
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Item 2.03 Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant. |
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On May 10, 2006, Florida Power & Light Company (FPL) entered into a $250 million five-year term loan facility expiring in May 2011. Under this term loan facility, on May 16, 2006, FPL borrowed $250 million, which bears interest at a variable rate and is due in May 2008. The loan contains default provisions relating to failure to make required payments, certain events in bankruptcy, insolvency or reorganization, and other covenants of FPL. The proceeds from the loan are being used for general corporate purposes.
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SIGNATURES |
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized. |
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FPL GROUP, INC. |
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FLORIDA POWER & LIGHT COMPANY |
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(Registrants) |
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Date: May 26, 2006 |
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K. MICHAEL DAVIS |
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K. Michael Davis
Controller and Chief Accounting Officer of FPL Group, Inc. Vice President, Accounting, Controller and
Chief Accounting Officer of Florida Power & Light Company
(Principal Accounting Officer of the Registrants)
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