Duke Energy set to price senior notes due 2017, 2024

By Aleesia Forni

Virginia Beach, April 1 - Duke Energy Corp. intends to price a two-part offering of senior notes, according to a 424B5 filed with the Securities and Exchange Commission on Tuesday.

The deal includes a floating-rate tranche due 2017 and a tranche of notes due 2024.

Barclays, RBC Capital Markets LLC, Scotiabank and UBS Securities LLC are the bookrunners.

Proceeds will be used to repurchase eight series of Duke Energy Ohio Inc.'s tax exempt bonds, and remaining proceeds will be used for general corporate purposes.

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

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