UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 


 

Date of Report (Date of earliest event reported): December 18, 2013

 

Commission file
number

 

Registrant, State of Incorporation or Organization,

Address of Principal Executive Offices, and Telephone Number

 

IRS Employer
Identification No.

 

 

 

 

 

1-32853

 

 

DUKE ENERGY CORPORATION

(a Delaware corporation)

550 South Tryon Street

Charlotte, North Carolina 28202-1803

704-382-3853

 

 

 

 

 

 

20-2777218

 

 

 

 

 

1-04928

 

DUKE ENERGY CAROLINAS, LLC

(a North Carolina limited liablity company)

526 South Church Street

Charlotte, North Carolina 28202-4200

704-382-3853

 

56-0205520

 

 

 

 

 

1-3274

 

DUKE ENERGY FLORIDA, INC.

(a Florida corporation)

299 First Avenue North

St. Petersburg, Florida 33701

704-382-3853

 

59-0247770

 

 

 

 

 

1-3543

 

DUKE ENERGY INDIANA, INC.

(an Indiana corporation)

1000 East Main Street

Plainfield, Indiana 46168

704-382-3853

 

35-0594457

 

 

 

 

 

1-1232

 

DUKE ENERGY OHIO, INC.

(an Ohio corporation)

139 East Fourth Street

Cincinnati, Ohio 45202

704-382-3853

 

31-0240030

 

 

 

 

 

1-3382

 

DUKE ENERGY PROGRESS, INC.

(a North Carolina corporation)

410 South Wilmington street

Raleigh, North Carolina 27601-1748

704-382-3853

 

56-0165465

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))

 

 

 



 

Item 1.01.   Entry into a Material Definitive Agreement.

 

On December 18, 2013, Duke Energy Corporation (the “Corporation”) and its wholly-owned subsidiaries, Duke Energy Carolinas, LLC, Duke Energy Florida, Inc., Duke Energy Indiana, Inc., Duke Energy Kentucky, Inc., Duke Energy Ohio, Inc., and Duke Energy Progress, Inc., entered into an amendment to the $6,000,000,000 Credit Agreement, dated as of November 18, 2011, among the Corporation and each of such subsidiaries, as Borrowers, the lenders listed therein, Wells Fargo Bank, National Association, as Administrative Agent, Bank of America, N.A. and The Royal Bank of Scotland plc, as Co-Syndication Agents, and Bank of China, New York Branch, Barclays Bank PLC, Citibank, N.A., Credit Suisse AG, Cayman Islands Branch,  JPMorgan Chase Bank, N.A., The Bank of Tokyo-Mitsubishi UFJ, Ltd. and UBS Securities LLC, as Co-Documentation Agents.  The credit facility was originally described and filed in the Corporation’s Form 8-K dated November 25, 2011.  The amendment was entered into primarily to increase the maximum borrowing sublimit available to the Corporation from $2,250,000,000 to $3,000,000,000, and to extend the termination date of the facility by approximately one year, to December 18, 2018. The total amount of $6,000,000,000 available under the Credit Agreement did not change.

 

The disclosure in this Item 1.01 is qualified in its entirety by the provisions of the amendment to the Credit Agreement, which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

 

Item 9.01.   Financial Statements and Exhibits

 

(d)

Exhibits.

 

10.1

 

Amendment No. 1 and Consent, dated as of December 18, 2013, among Duke Energy Corporation, Duke Energy Carolinas, LLC, Duke Energy Ohio, Inc., Duke Energy Indiana, Inc., Duke Energy Kentucky, Inc., Duke Energy Progress, Inc. (f/k/a Progress Energy Carolinas, Inc.) and Duke Energy Florida, Inc. (f/k/a Progress Energy Florida, Inc.), the Lenders party hereto, the Issuing Lenders party hereto, Wells Fargo Bank, National Association, as Administrative Agent and Swingline Lender

 

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SIGNATURE

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

DUKE ENERGY CORPORATION

 

 

 

 

 

 

Date: December 20, 2013

By:

/s/ Julia S. Janson

 

Name:

Julia S. Janson

 

Title:

Executive Vice President, Chief Legal Officer and Corporate Secretary

 

 

 

 

DUKE ENERGY CAROLINAS, LLC

 

 

 

 

 

Date: December 20, 2013

By:

/s/ Julia S. Janson

 

Name:

Julia S. Janson

 

Title:

Executive Vice President and Chief Legal Officer

 

 

 

 

DUKE ENERGY FLORIDA, INC.

 

 

 

 

 

 

Date: December 20, 2013

By:

/s/ Julia S. Janson

 

Name:

Julia S. Janson

 

Title:

Executive Vice President and Chief Legal Officer

 

 

 

 

DUKE ENERGY INDIANA, INC.

 

 

 

 

 

 

Date: December 20, 2013

By:

/s/ Julia S. Janson

 

Name:

Julia S. Janson

 

Title:

Executive Vice President and Chief Legal Officer

 

 

 

 

DUKE ENERGY OHIO, INC.

 

 

 

 

 

 

Date: December 20, 2013

By:

/s/ Julia S. Janson

 

Name:

Julia S. Janson

 

3



 

 

Title:

Executive Vice President and Chief Legal Officer

 

 

 

 

DUKE ENERGY PROGRESS, INC.

 

 

 

 

 

 

Date: December 20, 2013

By:

/s/ Julia S. Janson

 

Name:

Julia S. Janson

 

Title:

Executive Vice President and Chief Legal Officer

 

4



 

EXHIBIT INDEX

 

Exhibit

 

Description

 

 

 

10.1

 

Amendment No. 1 and Consent, dated as of December 18, 2013, among Duke Energy Corporation, Duke Energy Carolinas, LLC, Duke Energy Ohio, Inc., Duke Energy Indiana, Inc., Duke Energy Kentucky, Inc., Duke Energy Progress, Inc. (f/k/a Progress Energy Carolinas, Inc.) and Duke Energy Florida, Inc. (f/k/a Progress Energy Florida, Inc.), the Lenders party hereto, the Issuing Lenders party hereto, Wells Fargo Bank, National Association, as Administrative Agent and Swingline Lender

 

5