Current Report Filing (8-k)
21 March 2022 - 9:01PM
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
March 18, 2022
Commission
file
number |
|
Registrant,
State of Incorporation or Organization,
Address
of Principal Executive Offices, and Telephone Number |
|
IRS
Employer
Identification
No. |
|
|
|
|
|
|
|
DUKE ENERGY CORPORATION |
|
|
|
|
(a Delaware corporation) |
|
|
1-32853 |
|
526 South Church Street
Charlotte,
North Carolina 28202-1803
704-382-3853 |
|
20-2777218 |
|
|
![](https://content.edgar-online.com/edgar_conv_img/2022/03/21/0001104659-22-035700_tm229757d1_8kimg001.jpg) |
|
|
Commission
file number |
|
Registrant, State of Incorporation or Organization,
Address of Principal Executive Offices, Telephone
Number and IRS Employer Identification Number |
|
Commission
file
number |
|
Registrant, State of Incorporation or Organization,
Address of Principal Executive Offices, Telephone
Number and IRS Employer Identification Number |
1-4928 |
|
DUKE ENERGY CAROLINAS, LLC
(a North Carolina limited liability
company)
526 South Church Street
Charlotte, North Carolina 28202-1803
704-382-3853
56-0205520 |
|
1-1232 |
|
DUKE ENERGY OHIO, INC.
(an Ohio corporation)
139 East Fourth Street
Cincinnati, Ohio 45202
704-382-3853
31-0240030 |
|
|
|
|
|
|
|
1-3382 |
|
DUKE ENERGY PROGRESS, LLC
(a North Carolina limited liability
company)
410 South Wilmington Street
Raleigh, North Carolina 27601-1748
704-382-3853
56-0165465 |
|
1-3543 |
|
DUKE ENERGY INDIANA, LLC
(an Indiana limited liability company)
1000 East Main Street
Plainfield, Indiana 46168
704-382-3853
35-0594457 |
|
|
|
|
|
|
|
1-3274 |
|
DUKE ENERGY FLORIDA, LLC
(a Florida limited liability company)
299 First Avenue North
St. Petersburg, Florida 33701
704-382-3853
59-0247770 |
|
1-6196 |
|
PIEDMONT NATURAL GAS COMPANY, INC.
(a North Carolina corporation)
4720 Piedmont Row Drive
Charlotte, North Carolina 28210
704-364-3120
56-0556998 |
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
¨ Emerging
growth company
¨ If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Securities registered pursuant to Section 12(b) of the Act:
Registrant |
|
Title of each class: |
|
Trading
Symbol(s): |
|
Name
of each exchange on which registered: |
Duke Energy Corporation |
|
Common Stock, $0.001 par value |
|
DUK |
|
New York Stock Exchange LLC |
|
|
|
|
|
|
|
Duke Energy Corporation |
|
5.625% Junior Subordinated Debentures due September 15, 2078 |
|
DUKB |
|
New York Stock Exchange LLC |
|
|
|
|
|
|
|
Duke Energy Corporation |
|
Depositary
Shares, each representing a 1/1,000th
interest in a share of 5.75% Series A Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share |
|
DUK PR A |
|
New York Stock Exchange LLC |
Item 1.01. Entry into a Material Definitive Agreement.
On March 18, 2022, Duke Energy Corporation (the “Corporation”)
and its subsidiaries, Duke Energy Carolinas, LLC, Duke Energy Florida, LLC, Duke Energy Indiana, LLC, Duke Energy Kentucky, Inc., Duke
Energy Ohio, Inc., Duke Energy Progress, LLC, and Piedmont Natural Gas Company, Inc, entered into an Amended and Restated Credit Agreement
(the “Amended and Restated Credit Agreement”), among the Corporation and each of such subsidiaries, as Borrowers, the lenders
listed therein, Wells Fargo Bank, National Association, as Administrative Agent and Swingline Lender and Wells Fargo Securities, LLC,
as Joint Lead Arranger, Joint Bookrunner and Sustainability Structuring Agent in the amount of $9,000,000,000. The Amended and Restated
Credit Agreement amends and restates the $8,000,000,000 Credit Agreement, originally dated as of November 18, 2011 and as amended on December
18, 2013, January 30, 2015, March 16, 2017, March 18, 2019 and March 16, 2022. The credit facility was originally described and filed
in the Corporation’s Form 8-K dated November 25, 2011. The Amended and Restated Credit Agreement was entered into primarily to (i)
increase the amount of the credit facility from $8,000,000,000 to $9,000,000,000 and (ii) extend the termination date of the credit facility
from March 16, 2025 to March 18, 2027. As of March 18, 2022, the Corporation had approximately $6.35 billion available for borrowing under
the credit facility, after accounting for outstanding commercial paper, letters of credit and other credit support provided by this facility.
The disclosure in this Item 1.01 is qualified in its entirety by the
provisions of the amendment to the Credit Agreement, which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) |
|
Exhibits. |
|
|
|
10.1 |
|
Amended and Restated Credit Agreement, dated as of March 18, 2022, among Duke Energy Corporation, Duke Energy Carolinas, LLC, Duke Energy Ohio, Inc., Duke Energy Indiana, LLC, Duke Energy Kentucky, Inc., Duke Energy Progress, LLC, Duke Energy Florida, LLC, and Piedmont Natural Gas Company, Inc., the Lenders party thereto, Wells Fargo Bank, National Association, as Administrative Agent and Swingline Lender and Wells Fargo Securities, LLC, as Joint Lead Arranger, Joint Bookrunner and Sustainability Structuring Agent. |
104 |
|
Cover Page Interactive Data file (the Cover Page Interactive Data file is embedded within the Inline XBRL document). |
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto
duly authorized.
|
DUKE ENERGY CORPORATION
DUKE ENERGY CAROLINAS, LLC
DUKE ENERGY PROGRESS, LLC
DUKE ENERGY FLORIDA, LLC
DUKE ENERGY OHIO, INC.
DUKE ENERGY INDIANA, LLC
PIEDMONT NATURAL GAS COMPANY, INC. |
|
|
Date: March 18, 2022 |
|
|
|
|
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By: |
/s/ Robert T. Lucas III |
|
|
Name: |
Robert T. Lucas III |
|
|
Title: |
Assistant Corporate Secretary |
Duke Energy Carolinas, LLC |
|
Document Type |
8-K |
Amendment Flag |
false |
Document Period End Date |
March 16, 2020 |
Written Communication |
false |
Soliciting Material |
false |
Pre-commencement Tender Offer |
false |
Pre-commencement Issue Tender Offer |
false |
Entity Emerging Growth Company |
false |
CIK |
0000030371 |
|
|
Duke Energy Progress, LLC |
|
Document Type |
8-K |
Amendment Flag |
false |
Document Period End Date |
March 16, 2020 |
Written Communication |
false |
Soliciting Material |
false |
Pre-commencement Tender Offer |
false |
Pre-commencement Issue Tender Offer |
false |
Entity Emerging Growth Company |
false |
CIK |
0000017797 |
|
|
Duke Energy Florida, LLC |
|
Document Type |
8-K |
Amendment Flag |
false |
Document Period End Date |
March 16, 2020 |
Written Communication |
false |
Soliciting Material |
false |
Pre-commencement Tender Offer |
false |
Pre-commencement Issue Tender Offer |
false |
Entity Emerging Growth Company |
false |
CIK |
0000037637 |
|
|
Duke Energy Ohio, Inc |
|
Document Type |
8-K |
Amendment Flag |
false |
Document Period End Date |
March 16, 2020 |
Written Communication |
false |
Soliciting Material |
false |
Pre-commencement Tender Offer |
false |
Pre-commencement Issue Tender Offer |
false |
Entity Emerging Growth Company |
false |
CIK |
0000020290 |
|
|
Duke Energy Indiana, LLC |
|
Document Type |
8-K |
Amendment Flag |
false |
Document Period End Date |
March 16, 2020 |
Written Communication |
false |
Soliciting Material |
false |
Pre-commencement Tender Offer |
false |
Pre-commencement Issue Tender Offer |
false |
Entity Emerging Growth Company |
false |
CIK |
0000081020 |
|
|
PIEDMONT NATURAL GAS COMPANY, INC. |
|
Document Type |
8-K |
Amendment Flag |
false |
Document Period End Date |
March 16, 2020 |
Written Communication |
false |
Soliciting Material |
false |
Pre-commencement Tender Offer |
false |
Pre-commencement Issue Tender Offer |
false |
Entity Emerging Growth Company |
false |
CIK |
0000078460 |
|
|
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