Duke Energy pricing $250 million five-year senior notes Monday

By Andrea Heisinger

New York, June 10 - Duke Energy Corp. is planning a $250 million sale of five-year senior notes (Baa2/BBB/BBB+) on Monday, according to a 424B5 filing with the Securities and Exchange Commission.

There will be a make-whole call over Treasuries until one month prior to maturity and a par call afterward.

Goldman Sachs & Co., Mizuho Securities USA Inc. and RBC Capital Markets LLC are the bookrunners.

Proceeds will be used to repay at maturity $250 million of 5.65% senior notes due June 15, 2013 and for general corporate purposes, including repayment of outstanding commercial paper.

The diversified energy company is based in Charlotte, N.C.

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