<SEC-DOCUMENT>0001193125-24-155249.txt : 20240605
<SEC-HEADER>0001193125-24-155249.hdr.sgml : 20240605
<ACCEPTANCE-DATETIME>20240605172426
ACCESSION NUMBER:		0001193125-24-155249
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20240605
DATE AS OF CHANGE:		20240605

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEXTERA ENERGY CAPITAL HOLDINGS INC
		CENTRAL INDEX KEY:			0000794447
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				592576416
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-278184-02
		FILM NUMBER:		241023068

	BUSINESS ADDRESS:	
		STREET 1:		700 UNIVERSE BLVD
		CITY:			JUNO BEACH
		STATE:			FL
		ZIP:			33408
		BUSINESS PHONE:		5616946311

	MAIL ADDRESS:	
		STREET 1:		700 UNIVERSE BLVD
		CITY:			JUNO BEACH
		STATE:			FL
		ZIP:			33408

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FPL GROUP CAPITAL INC
		DATE OF NAME CHANGE:	19920703

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEXTERA ENERGY INC
		CENTRAL INDEX KEY:			0000753308
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				592449419
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP

	BUSINESS ADDRESS:	
		STREET 1:		700 UNIVERSE BLVD
		CITY:			JUNO BEACH
		STATE:			FL
		ZIP:			33408
		BUSINESS PHONE:		561-694-4697

	MAIL ADDRESS:	
		STREET 1:		P O BOX 14000
		CITY:			JUNO BEACH
		STATE:			FL
		ZIP:			33408

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FPL GROUP INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>FWP
<SEQUENCE>1
<FILENAME>d845362dfwp.htm
<DESCRIPTION>FWP
<TEXT>
<HTML><HEAD>
<TITLE>FWP</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE" STYLE="line-height:Normal">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">


<IMG SRC="g845362g65o85.jpg" ALT="LOGO" STYLE="width:1.59583in;height:0.795139in;">
</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Filed Pursuant to Rule 433</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Registration Nos. <FONT STYLE="white-space:nowrap">333-278184</FONT></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">and <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">333-278184-02</FONT></FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>NextEra Energy Capital Holdings, Inc. </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>Pricing Term Sheet </U></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">June&nbsp;5, 2024 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="26%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="72%"></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Issuer:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">NextEra Energy Capital Holdings, Inc.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Designation:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Series R Junior Subordinated Debentures due June&nbsp;15, 2054</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Registration Format:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">SEC Registered</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Principal Amount:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">$1,200,000,000</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Date of Maturity:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">June&nbsp;15, 2054</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Interest Payment Dates:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Semi-annually in arrears on June&nbsp;15 and December&nbsp;15, beginning December&nbsp;15, 2024</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Coupon Rate:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">(i) from and including the date of original issuance to but excluding June&nbsp;15, 2034 (&#147;First Interest Reset Date&#148;), at an annual rate of 6.75% and (ii)&nbsp;from and including the First Interest Reset Date, during each
Interest Reset Period at an annual rate equal to the Five-Year Treasury Rate as of the most recent Reset Interest Determination Date plus 2.457%</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Optional Deferral:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Maximum of 10 consecutive years per deferral</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Price to Public:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">100.000% of the principal amount thereof</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Optional Redemption:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">In whole or in part (i)&nbsp;on any day in the period commencing on the date falling 90 days prior to the First Interest Reset Date and ending on and including the First Interest Reset Date and (ii)&nbsp;after the First Interest
Reset Date, on any interest payment date, at 100% of the principal amount of the Junior Subordinated Debentures to be redeemed, plus, in either case, accrued and unpaid interest thereon to the redemption date</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Call for Tax Event:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">In whole but not in part, at 100% of the principal amount plus accrued and unpaid interest thereon to the redemption date</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Call&nbsp;for&nbsp;Rating&nbsp;Agency&nbsp;Event:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">In whole but not in part, at 102% of the principal amount plus accrued and unpaid interest thereon to the redemption date</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Trade Date:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">June&nbsp;5, 2024</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Settlement Date:*</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">June&nbsp;7, 2024 (T+2)</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">CUSIP / ISIN Number:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">65339K DB3 / US65339KDB35</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Expected Credit Ratings:**</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">Moody&#146;s&nbsp;Investors&nbsp;Service&nbsp;Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">&#147;Baa2&#148; (stable)</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">S&amp;P Global Ratings</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">&#147;BBB&#148; (stable)</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">Fitch Ratings, Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">&#147;BBB&#148; (stable)</P></TD></TR></TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="26%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="72%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Joint Book-Running Managers:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">Barclays Capital Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">BofA Securities, Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">Morgan Stanley&nbsp;&amp; Co. LLC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">RBC Capital Markets, LLC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">Wells Fargo Securities, LLC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">Credit Agricole Securities (USA) Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">J.P. Morgan Securities LLC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">KeyBanc Capital Markets Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">Mizuho Securities USA LLC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">Santander US Capital Markets LLC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">Scotia Capital (USA) Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">Truist Securities, Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><FONT STYLE="white-space:nowrap">Co-Managers:</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">Academy Securities, Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">Loop Capital Markets LLC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">*&#8195; It
is expected that delivery of the Junior Subordinated Debentures will be made against payment therefor on or about June&nbsp;7, 2024, which will be the second business day following the date of pricing of the Junior Subordinated Debentures. Under
Rule <FONT STYLE="white-space:nowrap">15c6-1</FONT> of the Securities Exchange Act of 1934, trades in the secondary market generally are required to settle in one business day, unless the parties to any such trade expressly agree otherwise.
Accordingly, by virtue of the fact that the Junior Subordinated Debentures initially will settle in T+2, purchasers who wish to trade the Junior Subordinated Debentures on the date of pricing of the Junior Subordinated Debentures should specify an
extended settlement cycle at the time they enter into any such trade to prevent failed settlement and should consult their own advisors. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">**&#8194; A
security rating is not a recommendation to buy, sell or hold securities and should be evaluated independently of any other rating. The rating is subject to revision or withdrawal at any time by the assigning rating organization. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The terms &#147;Five-Year Treasury Rate,&#148; &#147;Interest Reset Period,&#148; &#147;Rating Agency Event,&#148; &#147;Reset Interest Determination
Date&#148; and &#147;Tax Event&#148; have the meanings ascribed to those terms in the Issuer&#146;s Preliminary Prospectus Supplement, dated June&nbsp;5, 2024. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest,
you should read the prospectus in that registration statement and other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC
Web site at <U>www.sec.gov</U>. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc. toll-free at (888) <FONT
STYLE="white-space:nowrap">603-5847,</FONT> BofA Securities, Inc. toll-free at (800) <FONT STYLE="white-space:nowrap">294-1322,</FONT> Morgan Stanley&nbsp;&amp; Co. LLC toll-free at (866) <FONT STYLE="white-space:nowrap">718-1649,</FONT> RBC Capital
Markets, LLC toll free at (866) <FONT STYLE="white-space:nowrap">375-6829</FONT> or Wells Fargo Securities, LLC toll-free at (800) <FONT STYLE="white-space:nowrap">645-3751.</FONT> </P>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g845362g65o85.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g845362g65o85.jpg
M_]C_X  02D9)1@ ! 0$ ;@!N  #_X0!:17AI9@  34T *@    @ !0,!  4
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M 0$! 0$!         0(#! 4&!P@)"@O_Q "U$0 " 0($! ,$!P4$!  ! G<
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M\/?#OC+XN?&'7_A[=7NH^'[O5--T^QL)_$BQ2I:I?6\C3,FC6X8FX"YDD(4
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MGS?._P!5\^S;_K&SQ^@U? '_  0+_P";U/\ LZKQS_[8T >2_P#!3C_@N_\
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M7Q+%:>#WTN,W5]<ZOK%M+)*UY97)/[JUA "[<;.^:Z__ (=M>,/^CO/VI_\
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MB*)TMY45MLMU.V2,_/C. ,4O^&#M _Z'WXX?^')UG_Y(H ^>?V*O">E^/?\
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,7[7HHH **** /__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
