Deals 05/10/2022

Loop Capital Markets as co-manager on $400 million senior unsecured notes offering for Piedmont Natural Gas Company, Inc.

On May 10, 2022, Loop Capital Markets served as a co-manager on a $400 million senior unsecured notes offering for Piedmont Natural Gas Company, Inc. The 30-year bond is rated A3/BBB+.

Use of proceeds are earmarked to pay down a portion of outstanding intercompany short- term debt under a money-pool borrowing arrangement with Duke Energy Corporation and for general corporate purposes.