StockWatch
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Electric Utilities: Central
Loan & DebtJun 16, 2026, 10:31 AM

Dominion Energy Issues $1.5B Junior Subordinated Notes Due 2056

AI Summary

Dominion Energy, Inc. announced it entered into an underwriting agreement on June 8, 2026, for the sale of $1.5 billion in aggregate principal amount of junior subordinated notes. This includes $1 billion of 2026 Series A Junior Subordinated Notes and $500 million of 2026 Series B Junior Subordinated Notes, both due in 2056. The offering was underwritten by Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC.

Key Highlights

  • Dominion Energy entered an underwriting agreement on June 8, 2026, for the sale of junior subordinated notes.
  • The company will issue $1,000,000,000 aggregate principal amount of 2026 Series A Junior Subordinated Notes due 2056.
  • The company will also issue $500,000,000 aggregate principal amount of 2026 Series B Junior Subordinated Notes due 2056.
  • Total aggregate principal amount of notes issued is $1,500,000,000.
  • The notes are due in 2056.
  • Underwriters include Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC.