E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/3/2023 in the Prospect News Convertibles Daily.

Convertibles Calendar: Duke Energy on tap

April 3

DUKE ENERGY CORP.

• $1.5 million three-year convertible notes

• $225 million greenshoe

• Coupon of 3.875% to 4.375% and an initial conversion premium of 25% to 30%

• Non-callable

• Rule 144A

• Barclays, J.P. Morgan Securities LLC, BofA Securities Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities LLC

• Proceeds to repay a portion of the company’s commercial paper and for general corporate purposes

• Charlotte, N.C.-based electric and natural gas utility company


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.