Hunton Andrews Kurth Advises on Duke Energy Florida's $173M Qualified Replacement Property First Mortgage Bonds Offering
April 06, 2024
April 06, 2024
DALLAS, Texas, April 6 -- Hunton Andrews Kurth, a law firm, issued the following news:
Hunton Andrews Kurth LLP advised Duke Energy Florida, LLC (the "Company") on a SEC-registered offering of $173 million aggregate principal amount of First Mortgage Bonds, Floating Rate Series due 2074. The Company will pay interest on the Bonds quarterly in arrears at a floating rate equal to compounded SOFR minus 0.35%.
The Company, a Florida limited liability company and a . . .
Hunton Andrews Kurth LLP advised Duke Energy Florida, LLC (the "Company") on a SEC-registered offering of $173 million aggregate principal amount of First Mortgage Bonds, Floating Rate Series due 2074. The Company will pay interest on the Bonds quarterly in arrears at a floating rate equal to compounded SOFR minus 0.35%.
The Company, a Florida limited liability company and a . . .