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Duke Energy Corporation has issued a notice to redeem its outstanding 5.125% Junior Subordinated Debentures due January 15, 2073 (NYSE: DUKH). The redemption price is 100% of the principal, totaling $500 million, along with accrued interest up to October 7, 2021. The interest payment per debenture amounts to $0.2918402778. This action aligns with the company's focus on financial management as it aims to enhance its capital structure and support business objectives, including a commitment to sustainable energy solutions.
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