Hunton Andrews Kurth LLP advised Duke Energy Corporation ("Duke Energy") in connection with its offering of $1.5 billion in aggregate principal amount of equity-linked 3.000% Convertible Senior Notes due 2029 ("Notes"), in a private placement under Rule 144A of the Securities Act of 1933, as amended, to eligible purchasers. The Notes may be converted into shares of Duke Energy's common stock at an initial conversion rate tied to the price of Duke Energy's common stock and as further described in the offering memorandum for this offering.

Duke Energy, together with its subsidiaries, is a diversified energy company headquartered in Charlotte, North Carolina, with both regulated and unregulated utility operations. It conducts its business through two operating business segments: Electric Utilities and Infrastructure and Gas Utilities and Infrastructure. Duke Energy's Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 8.7 million customers within the Southeast and Midwest regions of the United States. Its Gas Utilities and Infrastructure segment has over 1.8 million total customers, including 1 million customers in the Carolinas, 205,000 customers in Tennessee and 565,000 customers in southwestern Ohio and northern Kentucky.

The Hunton team included Peter K. O'Brien, Brendan P. Harney, Reuben H. Pearlman, Monika M. Dziewa and Matthew A. Hayes. Robert McNamara, William Freeman and David Kamins provided tax advice. Leslie Okinaka provided ERISA advice.