Summary
Dominion Energy, Inc. (D) filed a Form 8-K on February 11, 2003, to report a significant financing event. The company entered into an underwriting agreement on February 10, 2003, with Banc of America Securities LLC and Credit Suisse First Boston LLC to issue and sell a substantial amount of senior notes. This issuance includes $300 million of 2.800% Senior Notes due 2005 and $400 million of 4.125% Senior Notes due 2008. This financing is part of a larger $4.5 billion shelf registration previously filed with the SEC. The details of the underwriting agreement and the supplemental indentures governing these new notes are filed as exhibits to this report. Investors should note that this filing primarily concerns the debt issuance and does not contain updated financial statements, but it provides transparency into the company's capital structure management and its ongoing access to capital markets.
Key Highlights
- 1Dominion Energy (D) announced the sale of $300 million in 2.800% Senior Notes due 2005.
- 2The company also announced the sale of $400 million in 4.125% Senior Notes due 2008.
- 3The total aggregate principal amount of senior notes issued in this offering is $700 million.
- 4These notes were issued under a shelf registration statement filed on Form S-3, declared effective August 9, 2002, for up to $4.5 billion in securities.
- 5The underwriting was conducted by Banc of America Securities LLC and Credit Suisse First Boston LLC.
- 6The filing includes the Underwriting Agreement as an exhibit.
- 7Supplemental indentures for both the 2005 and 2008 notes are also filed as exhibits.