Significant long-term debt issuances and borrowings by subsidiaries of NEE during the six months ended June 30, 2017 were as follows:
Principal Amount
Interest Rate
Maturity Date
(millions)
FPL:
Other long-term debt
$
200
Variable
(a)
2018
NEECH:
Debentures
$
1,250
3.55
%
2027
Japanese yen denominated term loan
$
535
Variable
(a)
2020
NEER:
Senior secured revolving credit facility
$
110
Variable
(a)
2019
Senior secured limited-recourse term loans
$
308
Variable
(a)
2026
Other long-term debt
$
350
Variable
(a)
2018 - 2019
———————————————
(a)
Variable rate is based on an underlying index plus a margin. Interest rate swap agreements have been entered into with respect to certain of these issuances and a foreign currency swap has been entered into with respect to the Japanese yen denominated term loan. See Note 2.