Hunton Advises Duke Energy on $2B Equity Units Offering
Hunton Andrews Kurth LLP advised Duke Energy in a $2 billion SEC-registered offering of equity units. Each unit initially forms a corporate unit with a contract to buy Duke common stock later and includes fractional interests in Duke’s 4.85% Remarketable Senior Notes due 2032 and 2036. Duke serves about 8.7 million electric customers and 1.6 million gas customers.