BB&T Capital Markets Serves as Co-Manager for Duke Energy’s $500 Million Offering of Floating Rate Senior Notes due 2021
On May 11, 2018, BB&T Capital Markets served as a co-manager for an offering of $500 million Floating Rate Senior Notes due 2021 by Duke Energy Corporation.
Proceeds from the offering will be used to repay outstanding debt.
About the Companies
Duke Energy, together with its subsidiaries, is a diversified energy company with both regulated and unregulated utility operations. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest to approximately 7.6 million retail electric customers. The Gas Utilities and Infrastructure segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and owns, operates, and invests in various pipeline transmission and natural gas storage facilities. The Commercial Renewables segment acquires, builds, develops, and operates wind and solar renewable generation projects.
About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, and sales and trading. Headquartered in Richmond, VA, with offices throughout the US, we have specific expertise within 10 distinct industry verticals including Automotive Aftermarket; Commercial & Industrial; Education; Energy; Financial Services; Food & Agribusiness; Healthcare; Logistics & Transportation Services; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.