FPL GROUP COMPLETES COMMON STOCK OFFERING
FPL GROUP COMPLETES COMMON STOCK OFFERING JUNO BEACH, Fla., Nov. 20 /PRNewswire/ -- FPL Group, Inc.
(NYSE: FPL) today announced the public offering of 5 million shares of its common stock at $34.875 per share, with an over-allotment option of 750,000 shares. The offering was made through a group of underwriters represented by Merrill Lynch & Co.
Net proceeds from the sale will be added to FPL Group's general funds and will be used primarily to provide equity funds for Florida Power & Light Company and for other corporate purposes. A copy of the prospectus relating to these securities can be obtained from the underwriters. -0- 11/20/91 /CONTACT: Dale Thomas of FPL Group, Inc., 305-552-3894 or 305-552-3895/ (FPL) CO: FPL Group, Inc. ST: Florida IN: UTI SU: OFR
MR-SS -- FL012 -- 5610 11/20/91 17:10 EST
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|Date:||Nov 20, 1991|
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