Duke Energy Corp.'s $3.75 Billion Senior Note Issuance Rated 'BBB+' - S&P Global Ratings’ Credit Research

Duke Energy Corp.'s $3.75 Billion Senior Note Issuance Rated 'BBB+'

Duke Energy Corp.'s $3.75 Billion Senior Note Issuance Rated 'BBB+' - S&P Global Ratings’ Credit Research
Duke Energy Corp.'s $3.75 Billion Senior Note Issuance Rated 'BBB+'
Published Aug 10, 2016
Published Aug 10, 2016
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Abstract:

NEW YORK (S&P Global Ratings) Aug. 10, 2016--S&P Global Ratings today assigned its 'BBB+' senior unsecured debt rating to U.S. utility holding company Duke Energy Corp.'s $3.75 billion of senior notes issued in three series, with maturities ranging from five to 30 years (all due Sept. 1 in each year). The securities are: $750 million 1.800% senior notes due 2021 $1.5 billion 2.650% senior notes due 2026 $1.5 billion 3.750% senior notes due 2046 Duke plans to use proceeds to finance a portion of the costs in connection with the acquisition of Piedmont Natural Gas Co. Inc. We base our 'A-' issuer credit rating on Duke Energy on the company's excellent business and significant financial risk profiles. Although we view

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers , Structured Finance
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Duke Energy Corp.'s $3.75 Billion Senior Note Issuance Rated 'BBB+'" Aug 10, 2016. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Duke-Energy-Corp-s-3-75-Billion-Senior-Note-Issuance-Rated-BBB-1691197>
  
APA:
S&P Global Ratings’ Credit Research. (). Duke Energy Corp.'s $3.75 Billion Senior Note Issuance Rated 'BBB+' Aug 10, 2016. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Duke-Energy-Corp-s-3-75-Billion-Senior-Note-Issuance-Rated-BBB-1691197>
  
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