Document
Registration No. 333-214303
Filed Pursuant to Rule 424(b)(3)
DUKE ENERGY CORPORATION
DUKE ENERGY PREMIERNOTES®
VARIABLE DENOMINATION FLOATING RATE DEMAND NOTES
PRICING SUPPLEMENT
(To Prospectus dated October 28, 2016)
The Date of this Pricing Supplement is September 11, 2017
The Duke Energy PremierNotes Variable Denomination Floating Rate Demand Notes (the “Notes”) bear interest at a floating rate per annum determined by the Duke Energy PremierNotes Committee, or its designee, on a weekly basis to be effective on the following Monday. Under the terms of the PremierNotes program, the interest rate payable on the Notes may vary based on the principal amount of the Notes that an investor owns.
The current Registration Statement for the Notes (No. 333-214303) was automatically effective on October 28, 2016. As of September 11, 2017, the interest rates on the Notes will be increased by 0.25% per annum at each ownership level, and as a result will be as follows:
|
| | | | | | |
| | | | | | |
Amount of Notes | | Interest Rate Per Annum | |
$0-$9,999.99 | | 1.21% Yield | | | 1.20% Rate | |
$10,000-$49,999.99 | | 1.26% Yield | | | 1.25% Rate | |
$50,000 and above | | 1.41% Yield | | | 1.40% Rate | |
Maximum Investment Amount
Effective September 11, 2017, the Duke Energy PremierNotes Committee increased the maximum outstanding investment for any one investor from $1,000,000 to $2,000,000. The Prospectus dated October 28, 2016, contains further information on the maximum investment for any one investor.