Bond Duval Energy Florida 6.35% ( US341099CH09 ) in USD

Issuer Duval Energy Florida
Market price refresh price now   100 %  ▲ 
Country  United States
ISIN code  US341099CH09 ( in USD )
Interest rate 6.35% per year ( payment 2 times a year)
Maturity 15/09/2037



Prospectus brochure in PDF format is unavailable at this time
We will provide it as soon as possible

Minimal amount 1 000 USD
Total amount 500 000 000 USD
Cusip 341099CH0
Standard & Poor's ( S&P ) rating A ( Upper medium grade - Investment-grade )
Moody's rating A1 ( Upper medium grade - Investment-grade )
Next Coupon 15/03/2026 ( In 90 days )
Detailed description Duke Energy Florida is a regulated electric utility serving approximately 2 million customers across a significant portion of the state of Florida.

A notable fixed-income instrument, identified by ISIN US341099CH09 and CUSIP 341099CH0, has been issued by Duke Energy Florida, a significant regulated electric utility operating in the state of Florida and a principal subsidiary of Duke Energy Corporation, which is primarily engaged in the generation, transmission, and distribution of electricity to approximately 1.9 million customers across a 13,000-square-mile service area. This bond, originating from the United States and denominated in USD, currently trades at 100% of its par value, carrying a fixed annual interest rate of 6.35% with interest payments disbursed semi-annually. The total issuance size for this offering amounts to $500,000,000, with a minimum purchase increment set at $1,000, and it carries a maturity date of September 15, 2037. Reflecting its perceived credit quality, the bond holds investment-grade ratings of 'A' from Standard & Poor's and 'A1' from Moody's, indicating a relatively strong financial standing and lower risk profile for investors.