Fourth Quarter 2023 Earnings Review and Business Update
Debt maturities through 2025 by issuer(1)
Entity
Amount
in millions)
Security Type
Rate
Туре
Settlement Date
Maturity Date
Total
($ in millions)
(2)
Duke Energy Corporation
Duke Energy Corporation
$1,000
Term Loan
6.16%
Floating
03/09/22
03/09/24
$600
Sr. Notes
3.75%
Fixed
04/04/14
04/15/24
$3,000
Duke Energy Corporation
$400
Sr. Notes
3.75%
Fixed
11/19/15
04/15/24
Duke Energy Corporation"
(3)
$1,000
Preferred Stock
4.88%
Fixed
9/12/19
9/16/24
Piedmont Natural Gas
$40
Unsecured
8.45%
Fixed
09/19/94
09/19/24
$40
2024 Total
$3,040
Duke Energy Corporation
$420
Sr. Notes
3.36%
Fixed
04/11/17
04/15/25
Duke Energy Corporation
$250
Sr. Notes
3.95%
Fixed
03/29/18
04/15/25
$1,820
Duke Energy Corporation
$650
Sr. Notes
0.90%
Fixed
09/11/20
09/15/25
Duke Energy Corporation
$500
Sr. Notes
5.00%
Fixed
12/08/22
12/08/25
Duke Energy Progress
$500
First Mortgage Bond
3.25%
Fixed
08/13/15
08/15/25
$500
Duke Energy Ohio
$150
Sr. Notes
6.90%
Fixed
06/14/95
06/01/25
$150
Duke Energy Kentucky
$95
Sr. Notes
3.23%
Fixed
09/26/19
10/01/25
$95
Piedmont Natural Gas
$150
Unsecured
3.60%
Fixed
09/12/15
09/01/25
$205
Piedmont Natural Gas
$55
Unsecured
7.40%
Fixed
10/03/95
10/31/25
2025 Total
$2,770
Total through 2025
$5,810
(1) Excludes Internotes, amortizing debt including securitization bonds, finance leases, and purchase accounting debt. Also excludes $1.6 billion of floating rate A/R securitizations, which are expected to be
refinanced. For additional details, please see quarterly LT debt information available at: https://investors.duke-energy.com/Investors/Fixed-Income-Investors/default.aspx
(2) Duke Energy Corporation's term loan was repaid on January 8, 2024
Assumes $1.0B preferred stock, which resets at the prevailing 5-year US Treasury rate + 3.388% in September, is redeemed. Maturity date represents the first optional call date
DUKE
ENERGY.
FOURTH QUARTER 2023 EARNINGS REVIEW AND BUSINESS UPDATE
// 34View entire presentation