Filed pursuant to Rule 433
November 14, 2011
Relating to
Preliminary Prospectus Supplement dated November 14, 2011 to
Prospectus dated September 29, 2010
Registration Statement No. 333-169633
Duke Energy Corporation
$500,000,000 2.15% Senior Notes due 2016
Pricing Term Sheet
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Issuer: |
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Duke Energy Corporation |
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Ratings (Moody’s/ S&P):
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Baa2/BBB+
A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. |
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Trade Date: |
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November 14, 2011 |
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Settlement: |
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November 17, 2011 (T+3) |
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Interest Payment Dates: |
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Semi-annually on May 15 and November 15, commencing May 15, 2012 |
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Security Description: |
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2.15% Senior Notes due 2016 |
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Principal Amount: |
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$500,000,000 |
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Maturity: |
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November 15, 2016 |
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Coupon: |
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2.15% |
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Benchmark Treasury: |
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1.00% due October 31, 2016 |
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Benchmark Treasury Yield: |
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0.901% |
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Spread to Benchmark Treasury: |
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+125 bps |
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Yield to Maturity: |
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2.151% |
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Initial Price to Public: |
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99.995% per Note |
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Optional Redemption: |
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Make-Whole Call: |
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+ 20 bps |
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Denominations: |
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$2,000 or any integral multiple of $1,000 in excess thereof |
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CUSIP / ISIN: |
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26441C AG0/ US26441CAG06 |
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Joint Book-Running Managers: |
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BNP Paribas Securities Corp. |
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Co-Managers: |
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BB&T Capital Markets, a division of Scott & Stringfellow, LLC |
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling BNP Paribas Securities Corp. at (800) 854-5674, Credit Suisse Securities (USA) LLC at (800) 221-1037 or Morgan Stanley & Co. LLC at (866) 718-1649.