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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
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 20, 1991
Words:138
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