secwatch.observer — SEC 8-K summary
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Issuer:     Duke Energy CORP (DUK)
CIK:        0001326160
Form:       8-K
Filed at:   2023-04-06T23:59:59+00:00
Accession:  0001104659-23-042547
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Duke Energy issues $1.725B of 4.125% Convertible Notes due 2026
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- Issued $1.725B aggregate principal of 4.125% Convertible Senior Notes due April 15, 2026.
- Notes convertible into cash and/or DUK common stock at initial conversion price ~$118.86 (25% premium over April 3 close).
- Initial conversion rate: 8.4131 shares per $1,000 principal; maximum shares issuable 18,140,618.
- Sold in private offering under Rule 144A; proceeds not specified but presumably for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1326160/000110465923042547/0001104659-23-042547-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1326160/000110465923042547/tm2311815d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-042547

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