Deals
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08/16/2023
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.