New Issue-Duke Energy sells $500 mln in notes

Mon Aug 22, 2011 2:48pm EDT

  Aug 22 (Reuters) - Duke Energy Corp (DUK.N) on Monday sold
$500 million of senior notes, said a market source.
  BNY Mellon, Citigroup, Goldman Sachs, and UBS were the
joint bookrunning managers for the sale.
BORROWER: DUKE ENERGY CORPORATION
AMT $500 MLN     COUPON 3.55 PCT     MATURITY 9/15/2021 
TYPE SR NTS      ISS PRICE 99.981    FIRST PAY 3/15/2012
MOODY'S Baa2     YIELD 3.552 PCT     SETTLEMENT 8/25/2011
S&P BBB-PLUS     SPREAD 145 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A         MORE THAN TREAS    MAKE-WHOLE CALL 25 BPS

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