Duke Energy $766 million stock offering

Overview:

• Duke Energy Corporation offered 10,637,500 shares of its common stock, collectively worth $766 million.
• The offer included the underwriters' option to acquire 1,387,500 additional shares of Duke's stock. 
• Barclays Capital, BofA Merrill Lynch, Citigroup, JP Morgan Chase and Wells Fargo acted as underwriters.
• Duke Energy used the proceeds from this offer to finance its acquisition of Piedmont Natural Gas.

Rani Mehta - Journalist