Dominion Resources Inc. 2016 Series A 5.25% Enhanced Jr Subordinated Notes Due 2076
By: Tim McPartland,
Date Issued 7/12/2016
Shares Issued 32,000,000 Overallotment Shares None
S&P Rating BBB- Moodys Baa3
Security Ticker Symbol DRUA
Market Traded ON NYSE
Interest Payment Paid on the 30th of January, April, July and October beginning on 10/30/2016
Quarterly Interest .328 Annual Interest 1.313
Securities may be redeemed, at the issuers option, as early as 7/30/2021 for a redemption price of $25/share plus accrued interest
Interest Payment Will NOT be Qualified Distributions. Payments are interest (not dividends) thus they do not qualify for preferential tax rates.
Maturity Date 07/30/2076
NOTE-interest payments may be deferred for up to 10 consecutive years without it being a default
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