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Duke Energy 3.000% 15-Mar-2029

Issuer / Guarantor Duke Energy Corp
Size USD 1300mn
Type Convertible
Leads Morgan Stanley, Citigroup, Wells Fargo, Barclays, BoA, Goldman Sachs, Mizuho, MUFG, Santander, Truist
Maturity 15 Mar 2029 (3 years)
Coupon 3% (2.75 - 3.25%)
Premium 22.5% (22.5 - 27.5%)
Calls None
Puts t/o @ 100%
Div protection Ratio adjustment (for excess above threshold)
T/o protection Make-whole table
CoCo 130% to Dec 2028 (2.8 yrs)
Announced 09 Mar 2026


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