Dominion Energy plans to sell two-part offering of fixed-rate notes

By Devika Patel

Knoxville, Tenn., March 17 – Dominion Energy, Inc. plans to sell two tranches of fixed-rate senior notes, according to a 424B5 filing with the Securities and Exchange Commission.

The offering includes series A notes due 2025 and series B notes due 2027. Both tranches have a make-whole call until the par call date and then a par call. The par call date is Feb. 15, 2025 for the series A notes and Jan. 15, 2027 for the series B notes.

Barclays, BNP Paribas Securities Corp., Credit Suisse Securities (USA) LLC and Wells Fargo Securities LLC are the bookrunners.

Proceeds will be used for general corporate purposes and to repay short-term debt.

Dominion Energy is a Richmond, Va.-based natural gas and electricity company.

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