Bond Duval Energy Florida 3.85% ( US341099CR80 ) in USD

Issuer Duval Energy Florida
Market price refresh price now   100 %  ▲ 
Country  United States
ISIN code  US341099CR80 ( in USD )
Interest rate 3.85% per year ( payment 2 times a year)
Maturity 15/11/2042



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Minimal amount 1 000 USD
Total amount 400 000 000 USD
Cusip 341099CR8
Standard & Poor's ( S&P ) rating A ( Upper medium grade - Investment-grade )
Moody's rating A1 ( Upper medium grade - Investment-grade )
Next Coupon 15/05/2026 ( In 151 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.

This financial article outlines a fixed-income opportunity presented by Duke Energy Florida, a regulated electric utility subsidiary of Duke Energy Corporation, which provides essential power services to a significant customer base across Florida, underpinning its stable operational profile within the highly regulated utility sector. The specific obligation, identified by ISIN US341099CR80 and CUSIP 341099CR8, was issued in the United States and is currently trading at par (100%) in USD. This bond offers an annual interest rate of 3.85% and represents a substantial total issue size of $400,000,000, accessible with a minimum purchase amount of $1,000. Set to mature on November 15, 2042, this long-term instrument provides semi-annual interest payments, further supported by strong credit assessments from leading agencies, holding an 'A' rating from Standard & Poor's and an 'A1' rating from Moody's, which collectively attest to Duke Energy Florida's sound financial standing and creditworthiness.