Item 8.01. Other Events.
On September 11, 2020, Duke Energy Corporation (the "Company") consummated the
issuance and sale of the securities described below pursuant to an underwriting
agreement, dated September 9, 2020 (the "Underwriting Agreement"), with Barclays
Capital Inc., BofA Securities, Inc., Credit Suisse Securities (USA) LLC, J.P.
Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC and
Truist Securities, Inc., as representatives of the several underwriters named
therein (the "Underwriters"), pursuant to which the Company agreed to issue and
sell to the Underwriters $650,000,000 aggregate principal amount of the
Company's 0.90% Senior Notes due 2025 (the "2025 Notes") and $350,000,000
aggregate principal amount of the Company's 2.45% Senior Notes due 2030 (the
"2030 Notes" and, together with the 2025 Notes, the "Securities"). The 2025
Notes were sold to the Underwriters at a discount to their principal amount. The
2030 Notes were sold to the Underwriters at a premium to their principal amount.
The Securities were issued pursuant to an Indenture, dated as of June 3, 2008
(the "Indenture"), by and between the Company and The Bank of New York Mellon
Trust Company, N.A., as trustee (the "Trustee"), as amended and supplemented by
various supplemental indentures thereto, including the Twenty-third Supplemental
Indenture, dated as of May 15, 2020, relating to the 2030 Notes (the
"Twenty-third Supplemental Indenture") and the Twenty-fourth Supplemental
Indenture, dated as of September 11, 2020, relating to the 2025 Notes (the
"Twenty-fourth Supplemental Indenture"), each between the Company and the
Trustee. The disclosure in this Item 8.01 is qualified in its entirety by the
provisions of the Indenture, the Twenty-third Supplemental Indenture and the
Twenty-fourth Supplemental Indenture, together with the forms of global notes
evidencing the Securities included therein, which are filed as Exhibit 4.1 and
Exhibit 4.2 hereto, and the Underwriting Agreement, which is filed as
Exhibit 99.1 hereto. Such exhibits are incorporated herein by reference. Also,
in connection with the issuance and sale of the Securities, the Company is
filing a legal opinion regarding the validity of the Securities as Exhibit 5.1
to this Form 8-K for the purpose of incorporating the opinion into the Company's
Registration Statement on Form S-3 No. 333-233896.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
4.1 Twenty-third Supplemental Indenture, dated as of May 15, 2020, to
the indenture, dated as of June 3, 2008, between the Company and The
Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated
by reference to Exhibit 4.1 to the Company's Current Report on Form
8-K filed on May 15, 2020, File No. 001-32853)
4.2 Twenty-fourth Supplemental Indenture, dated as of September 11,
2020, to the indenture, dated as of June 3, 2008, between the Company
and The Bank of New York Mellon Trust Company, N.A., as Trustee
5.1 Opinion regarding validity of the Securities
23.1 Consent (included as part of Exhibit 5.1)
99.1 Underwriting Agreement, dated September 9, 2020, among the Company
and Barclays Capital Inc., BofA Securities, Inc., Credit Suisse
Securities (USA) LLC, J.P. Morgan Securities LLC, Morgan Stanley &
Co. LLC, RBC Capital Markets, LLC and Truist Securities, Inc., as
representatives of the several underwriters named therein
104 Cover Page Interactive Data file (the Cover Page Interactive Data
file is embedded within the Inline XBRL document)
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