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
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|Date:||Nov 7, 1991|
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