Duke Energy expands diversity financing initiative with $700M offering

Duke Energy Progress has closed on a $700 million debt offering that continues an effort started in 2016 to include more diverse financial firms in its large offerings.

It is the fourth offering Duke Energy Corp. (NYSE: DUK) subsidiaries have made in the last four years that involve firms with significant Black, Hispanic, woman and disabled veteran ownership in leading roles. In this case, seven of the eight joint book runners are diversity inclusive firms, along with Citigroup.

“As we look at…


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