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Stock impact report

Duke Energy (DUK) to Raise $1B Through Convertible Senior Notes [Yahoo! Finance]

Duke Energy Corporation (Holding Company) (DUK) 
Last duke energy corporation (holding company) earnings: 2/13 07:00 am Check Earnings Report
US:NYSE Investor Relations: duke-energy.com/our-company/investors
Company Research Source: Yahoo! Finance
Duke Energy Corp. (NYSE: DUK ) is one of the 10 best regulated electric stocks to buy according to hedge funds On March 9, Duke Energy Corp. (NYSE:DUK) revealed its plans to issue an aggregate principal amount of convertible senior notes due 2029 worth $1 billion. The issue will be conducted through a private placement under the Securities Act of 1933, as amended. High-voltage power lines. Electricity distribution station. high voltage electric transmission tower. Distribution electric substation with power lines and transformers. According to the company, the net proceeds of the offering would be used to repay the aggregate notional amount of $1.725 billion on its 4.125% Convertible Senior Notes outstanding, along with any cash to be paid upon conversion. These notes are due April 15, 2026. On February 20, Morgan Stanley increased the firm's price target on Duke Energy Corp. (NYSE:DUK) to $139 from $130, while maintaining an Equal Weight rating on the shares. Morgan Stanley Show less Read more
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