Summary
Dominion Energy, Inc. (D) announced on November 17, 2022, the successful pricing of $850 million in aggregate principal amount of its 5.375% Senior Notes due 2032. This offering, facilitated by an underwriting agreement with Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., and Mizuho Securities USA LLC, represents a significant debt issuance to fund its operations. The notes are senior debt securities and were registered under a shelf registration statement previously filed with the SEC. This debt issuance allows Dominion Energy to raise capital at a specific interest rate, which can be used for various corporate purposes, including refinancing existing debt or funding capital expenditures. Investors in these notes will receive a fixed coupon of 5.375% annually until the maturity date in 2032. The filing provides the underwriting agreement and the supplemental indenture related to these new notes, offering transparency into the terms of the debt.
Key Highlights
- 1Dominion Energy priced $850 million of 5.375% Senior Notes due 2032.
- 2The debt issuance occurred on November 16, 2022.
- 3Underwriters for the offering include Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., and Mizuho Securities USA LLC.
- 4The notes are Senior Debt Securities and were issued under a shelf registration statement.
- 5The filing includes the Underwriting Agreement as Exhibit 1.1.
- 6A Twenty-Seventh Supplemental Indenture to the Senior Indenture was filed as Exhibit 4.2, detailing the terms of the new notes.