Duke Energy announced that it intends to offer, subject to market and other conditions, $1.5B aggregate principal amount of convertible senior notes due 2026 in a private placement under the Securities Act of 1933. Duke Energy intends to use the net proceeds from the offering of the convertible notes to repay a portion of its commercial paper and for general corporate purposes.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on DUK:
- Duke Energy begins operating battery system in North Carolina
- Duke Energy upgraded to Neutral from Sell at Seaport Global
- 2 Best Value Stocks to Buy, According to Hedge Funds
- Duke Energy reports fourth-quarter and full-year 2022 financial results
- Duke Energy backs FY23 adjusted EPS view $5.55-$5.75, consensus $5.65
