secwatch / observer
8-K filed November 10, 2022, 6:59 PM ET ticker DUK CIK 0001326160
other material confidence high sentiment neutral materiality 0.60

Duke Energy enters $1.5B at-the-market equity distribution program

Duke Energy CORP

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Duke Energy CORP entered into Equity Distribution Agreement with Barclays Capital Inc., BofA Securities, Inc., Credit Suisse Securities (USA) LLC, Mizuho Securities USA LLC, Scotia Capital (USA) Inc., SMBC Nikko Securities America, Inc. and others valued at $1,500,000,000 (effective 2022-11-10).

Action
entry
Agreement
atm program
Counterparty
Barclays Capital Inc., BofA Securities, Inc., Credit Suisse Securities (USA) LLC, Mizuho Securities USA LLC, Scotia Capital (USA) Inc., SMBC Nikko Securities America, Inc. and others
Value
$1,500,000,000
Effective
2022-11-10
Exact text from the filing
On November 10, 2022, Duke Energy Corporation (the “Company”) entered into an Equity Distribution Agreement dated November 10, 2022 (the “Equity Distribution Agreement”) with Barclays Capital Inc. (“Barclays”), BofA Securities, Inc. (“BofA Securities”), Credit Suisse Securities (USA) LLC (“Credit Suisse”), Mizuho Securities USA LLC (“Mizuho”), Scotia Capital (USA) Inc. (“Scotia”) and SMBC Nikko Securities America, Inc., each acting as agent for the Company (each, a “Sales Agent” and collectively, the “Sales Agents”) and Barclays, BofA Securities, Credit Suisse, Mizuho Markets Americas LLC and Scotia or their respective affiliates, each acting as forward purchaser (each, a “Forward Purchaser” and collectively, the “Forward Purchasers”), establishing an at-the-market equity distribution program pursuant to which the Company, through the Sales Agents, may offer and sell up to an aggregate sales price of $1,500,000,000 of shares of the Company’s common stock, par value $0.001 per share (“C
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Duke Energy CORP filing history →

Source: SEC EDGAR
accession 0001104659-22-117164
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