Duke Energy Ohio selling 30-year first mortgage bonds

By Lisa Kerner

Charlotte, N.C., June 20 – Duke Energy Ohio is selling first mortgage bonds due June 15, 2046, according to a 424B5 filing with the Securities and Exchange Commission.

Citigroup Global Markets Inc., Lebenthal Capital Markets, Loop Capital Markets LLC, Mischler Financial Group, Inc., Samuel A. Ramirez & Co. Inc. and Williams Capital Group LP are the bookrunners.

Proceeds will be used to fund capital expenditures for ongoing construction, for capital maintenance and for general corporate purposes.

The Charlotte, N.C.-based company generates, transmits, distributes and sells electricity and is a wholly owned subsidiary of Duke Energy Corp.

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