Duke Energy Plans to Offer $1B Convertible Senior Notes
Duke Energy announced that it intends to offer $1B aggregate principal amount of convertible senior notes due 2029 in a private placement under the Securities Act of 1933, as amended. Duke Energy intends to use the net proceeds from the offering of the convertible notes to repay at maturity $1.725 billion aggregate principal amount of Duke Energy's outstanding 4.125% Convertible Senior Notes due April 15, 2026, including as applicable cash amounts due upon conversion thereof and for general corporate purposes.
