Duke Energy 5.625% Junior Subordinated Debentures due 2078
By: Tim McPartland,
Date Issued 9/11/2018
Shares Issued 20,000,000 Overallotment Shares 0
S&P Rating BBB Moodys Rating Baa2
Security Ticker Symbol DUKB
Market Traded ON NYSE
Interest Payment Paid on the 15th of March, June, September and December beginning on 12/15/2018
Quarterly Interest .353 Annual Interest 1.41
Securities may be redeemed, at the issuers option, as early as 09/15/2023 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 09/15/2078
Company Investor Relations Page for Duke Energy
Click here to find the offering Prospectus and or final pricing documents
Related Posts:
Tim McPartland
Connect with Tim McPartland
