Duke Energy prices $1.75 billion equity-unit offering
Filed with the SEC on · Summarized by InvestorsBot
Duke Energy agreed to sell 35 million equity units at $50 each, raising $1.75 billion in gross proceeds and approximately $1.719 billion after underwriting discounts and commissions, before other offering expenses. Each unit includes interests in 4.85% remarketable senior notes due 2032 and 2036 plus a contract to purchase Duke common stock on August 1, 2029; underwriters led by Barclays, BofA Securities and Mizuho may buy up to 5 million additional units, potentially increasing gross proceeds to $2 billion.