Printer Friendly

FPL GROUP REGISTERS FOR COMMON STOCK SALE

 FPL GROUP REGISTERS FOR COMMON STOCK SALE
 JUNO BEACH, Fla., Nov. 7 /PRNewswire/ -- FPL Group, Inc.


(NYSE: FPL) today filed a registration statement with the Securities and Exchange Commission (SEC) for a proposed public offering of 5 million shares of common stock. The underwriters also will be given the option to purchase an additional 750,000 shares to cover any over-allotments.
 The offering, scheduled to take place within three weeks, will be made through Merrill Lynch & Co. Net proceeds from the sale will be added to FPL Group's general funds and will be used to provide equity funds for its subsidiaries, primarily Florida Power & Light Company, and for other corporate purposes.
 A registration statement relating to these securities has been filed with the SEC, but is not yet effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
 A copy of the prospectus relating to these securities can be obtained from the underwriters.
 -0- 11/7/91
 /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 SS-JJ -- FL015 -- 2308 11/07/91 14:40 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.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 7, 1991
Words:253
Previous Article:CHAIRMAN YAMADA RETIRES FROM THE BANK OF CALIFORNIA
Next Article:BANK OF SOUTHERN CALIFORNIA ANNOUNCES APPOINTMENTS


Related Articles
FPL GROUP DECLARES REGULAR QUARTERLY DIVIDEND
FPL GROUP COMPLETES COMMON STOCK OFFERING
FPL GROUP DECLARES REGULAR QUARTERLY DIVIDEND
FPL GROUP INCREASES COMMON STOCK DIVIDEND
FPL GROUP REGISTERS FOR COMMON STOCK SALE
FPL GROUP COMPLETES COMMON STOCK OFFERING
FPL GROUP EXTENDS ODDLOT PROGRAM DEADLINE
FPL Group Reports 1999 First Quarter Operating Results; Announces Asset Write Down To Occur In Second Quarter.
FPL Group Announces Intention to Sell Publicly Traded Units.
FPL Group Prices $500 Million Equity Unit Securities Offering.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters