By Aleesia Forni
Virginia Beach, Oct. 8 - Duke Energy Corp. is sold $400 million of 3.95% senior notes (Baa1/BBB/BBB+) due 2023 on Tuesday with a spread of Treasuries plus 135 basis points, according to a filing with the Securities and Exchange Commission.
Pricing was at 99.795 to yield 3.975%.
BNP Paribas Securities Corp., Goldman Sachs & Co. and J.P. Morgan Securities LLC were the joint bookrunners.
Proceeds will be used for general corporate purposes.
The diversified energy company is based in Charlotte, N.C.
| Issuer: | Duke Energy Corp.
|
| Amount: | $400 million
|
| Description: | Senior notes
|
| Maturity: | Oct. 15, 2023
|
| Bookrunners: | BNP Paribas Securities Corp., Goldman Sachs & Co., J.P. Morgan Securities LLC
|
| Co-managers: | Credit Agricole Securities (USA) Inc., PNC Capital Markets LLC, Santander Investment Securities Inc., Williams Capital Group LP
|
| Coupon: | 3.95%
|
| Price: | 99.795
|
| Yield: | 3.975%
|
| Spread: | Treasuries plus 135 bps
|
| Trade date: | Oct. 8
|
| Settlement date: | Oct. 11
|
| Ratings: | Moody's: Baa1
|
| Standard & Poor's: BBB
|
| Fitch: BBB+
|
| Make-whole call: | Treasuries plus 25 bps
|
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