Duke Energy Plans To Sell 35M Equity Units In Public Offering
Duke Energy Corporation (NYSE:DUK) today announced it plans to sell 35 million equity units in a public offering. Each equity unit will be issued in a stated amount of $50 ($1.75 billion aggregate stated amount) and
Duke Energy is selling new ownership pieces (called equity units) to raise money for its business. When a big company does this, it can mean they need cash for projects, but it also means existing owners' pieces get a little smaller.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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