Duke Energy Carolinas pricing seven-, 30-year mortgage bonds

By Aleesia Forni

New York, March 8 – Duke Energy Carolinas LLC is selling two series of first and refunding mortgage bonds, according to a 424B5 filing with the Securities and Exchange Commission.

The offering will include bonds due 2023 and 2046.

BNP Paribas Securities Corp., Citigroup Global Markets Inc., RBC Capital Markets LLC, TD Securities and UBS Securities LLC are the bookrunners.

Proceeds will be used to fund capital expenditures for ongoing construction, for capital maintenance and for general corporate purposes.

The Charlotte, N.C.-based company generates, transmits, distributes and sells electricity and is a wholly owned subsidiary of Duke Energy Corp.

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