Piedmont Natural Gas Co., Inc., founded in 1959 and headquartered in Charlotte, North Carolina, serves as a key distributor of natural gas. The company primarily provides natural gas distribution services, focusing on residential, commercial, and industrial customers across its multi-state service area.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PNY 2.50% 2031-03-15 USDPiedmont Natural Gas Co., Inc. | United States | 2031-03-15 | 2.500 | 5.67 |
| PNY 3.35% 2050-06-01 USDPiedmont Natural Gas Co., Inc. | United States | 2050-06-01 | 3.350 | 6.51 |
| PNY 3.50% 2029-06-01 USDPiedmont Natural Gas Co., Inc. | United States | 2029-06-01 | 3.500 | 5.45 |
| PNY 3.64% 2046-11-01 USDPiedmont Natural Gas Co., Inc. | United States | 2046-11-01 | 3.640 | 6.57 |
| PNY 4.10% 2034-09-18 USDPiedmont Natural Gas Co., Inc. | United States | 2034-09-18 | 4.100 | 6.06 |
| PNY 4.65% 2043-08-01 USDPiedmont Natural Gas Co., Inc. | United States | 2043-08-01 | 4.650 | 6.51 |
| PNY 5.05% 2052-05-15 USDPiedmont Natural Gas Co., Inc. | United States | 2052-05-15 | 5.050 | 6.41 |
| PNY 5.10% 2035-02-15 USDPiedmont Natural Gas Co., Inc. | United States | 2035-02-15 | 5.100 | 6.03 |
| PNY 5.40% 2033-06-15 USDPiedmont Natural Gas Co., Inc. | United States | 2033-06-15 | 5.400 | 5.87 |
| PNY 6.00% 2033-12-19 USDPiedmont Natural Gas Co., Inc. | United States | 2033-12-19 | 6.000 | 5.85 |
| PNY 7.95% 2029-09-14 USDPiedmont Natural Gas Co., Inc. | United States | 2029-09-14 | 7.950 | 5.60 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Piedmont Natural Gas began issuing bonds in the early 1990s, with a noteworthy issuance in 2014 when it raised $250 million to finance infrastructure improvements. As of October 2023, its bonds generally yield between 3.5% and 4.5%, positioning them competitively within the utility sector. The company’s bonds are well-regarded for their investment-grade ratings, reflecting its stable cash flow from utility operations. Recent headlines include plans to refinance existing debt, aiming to improve cost efficiency further.