03/25/2019

Loop Capital Markets participates as co‐manager on a $1.0 billion preferred equity offering of Duke Energy Corp.

On March 25th, 2019, Loop Capital Markets participated as a co‐manager on an $1.0 billion preferred equity offering of Duke Energy Corp.  The preferred notes are rated Baa3/BBB and carry a fixed quarterly coupon of 5.75%.  The utility company intends to use the net proceeds for general corporate purposes.