Printer Friendly

FPL BACKS $21 MILLION IN TAX-EXEMPT BONDS

 JUNO BEACH, Fla., July 26 /PRNewswire/ -- Florida Power & Light Company (FPL) today announced the acceptance by St. Lucie County and Martin County, Florida, of offers for the sale on behalf of FPL of a total of $20,550,000 of variable rate tax-exempt solid waste disposal revenue bonds.
 The new bonds consist of $16,500,000 of St. Lucie County, Florida Solid Waste Disposal Revenue Bonds and $4,050,000 of Martin County, Florida Solid Waste Disposal Revenue Bonds maturing on Jan. 1, 2027.
 Proceeds from the sale of the bonds are expected to be used to finance the cost of the acquisition, construction, and installation of certain solid waste disposal facilities at FPL's St. Lucie and Martin power plants.
 An official statement relating to the new bonds may be obtained from Goldman, Sachs & Co.
 FPL is one of the largest investor-owned electric utilities in the nation and the principal subsidiary of FPL Group, Inc. (NYSE: FPL).
 -0- 7/26/93
 /CONTACT: Dale Thomas of Florida Power & Light, 305-552-3894 or 305-552-3895/
 (FPL)


CO: Florida Power & Light Co. ST: Florida IN: UTI SU:

JB -- FL015 -- 5938 07/26/93 18:06 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 26, 1993
Words:191
Previous Article:IBEW MEMBERS RATIFY THREE-YEAR AGREEMENT WITH GTE FLORIDA
Next Article:FPL BACKS $56 MILLION IN TAX-EXEMPT BONDS
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters