Progress Energy, Inc., founded in 2000 and headquartered in Raleigh, North Carolina, operates as a leading energy services provider. The company’s purpose is to deliver reliable and affordable electricity to millions of customers across the southeastern United States, primarily through its gas and electric utility subsidiaries.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DUK 6.00% 2039-12-01 USDProgress Energy, Inc. | United States | 2039-12-01 | 6.000 | 5.32 |
| DUK 7.00% 2031-10-30 USDProgress Energy, Inc. | United States | 2031-10-30 | 7.000 | 4.59 |
| DUK 7.75% 2031-03-01 USDProgress Energy, Inc. | United States | 2031-03-01 | 7.750 | 4.47 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Progress Energy has a history of bond issuances dating back to its formation, with a notable issuance in 2003 that raised capital for infrastructure improvements. The company has established a strong presence in the fixed-income market, with current bond yields closely aligning with industry standards despite market fluctuations. Noteworthy features of its bonds include callable options, providing added flexibility for the company, and efforts to meet sustainability goals, garnering investor interest following recent green bond initiatives.