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Gold/Mining/Energy : DUK: Duke Energy Corporation
DUK 124.30-0.7%Oct 31 9:30 AM EDT

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From: Copperfield8/30/2003 7:18:28 PM
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Duke Energy files $1.47 bln mixed shelf

WASHINGTON, Aug 29 - Duke Energy Corp. on Friday filed with the Securities and Exchange Commission to periodically sell up to $1.47 billion in notes, mortgage bonds, common stock, contracts and units.

The Charlotte, North Carolina-based power company said it plans to use the proceeds from the shelf offering for redeeming outstanding securities, an ongoing construction program and general corporate purposes.

Duke shares closed 8 cents higher at $17.08 in Friday trading on the New York Stock Exchange.

The shelf registration includes $530 million in previously registered but unsold securities for a total of $2 billion.

Under a shelf registration, a company may sell securities in one or more separate offerings with the size, price and terms to be determined at the time
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