Duke Energy 5.625% Junior Subordinated Debentures due 2078

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Date Issued  9/11/2018

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Shares Issued   20,000,000       Overallotment Shares   0

S&P Rating  BBB   Moodys Rating  Baa2

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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

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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

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Click here to find the offering Prospectus and or final pricing documents

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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