trending Market Intelligence /marketintelligence/en/news-insights/trending/Ex15WSdVXLiNX29Fq8jWMA2 content esgSubNav
In This List

Dominion Resources issues $800M worth of debt

Blog

Insight Weekly: Labor market recovery hurdles; power market integration; nonbank M&A hunt

Blog

ESG & Technology: Impacts and Implications

Blog

Q&A: Q2'21 Power Forecast: Overheated Power Markets are Here – Who Wins, Who Loses, and Why?

Blog

Essential Energy Insights - October 2021


Dominion Resources issues $800M worth of debt

DominionResources Inc. sold$800 million worth of its 5.25% enhanced junior subordinated notes for generalcorporate purposes, including financing a $200 million .

The 2016 series A notes are due July 30, 2076, and will makeinterest payments every three months starting Oct. 30 of this year. The issuewas expected to be rated Baa3 by Moody's and BBB- by both S&P GlobalRatings and Fitch Ratings, according to a free writing prospectus dated July 12.

Merrill Lynch Pierce Fenner & Smith Inc., Morgan Stanley& Co. LLC, UBS Securities LLC and Wells Fargo Securities LLC served asjoint book-running managers of the issue while J.P. Morgan Securities LLC andRBC Capital Markets LLC acted as joint leads.

S&P Global Ratingsand S&P Global Market Intelligence are owned by S&P Global Inc.