Duke Energy Corporation draws USD1bn to increase liquidity

Wed. October 01, 2008; Posted: 04:38 AM

Oct 01, 2008 (M2 EQUITYBITES via COMTEX) -- DUK | Quote | Chart | News | PowerRating -- Duke Energy Corporation (NYSE:DUK), an electric power company, said on 30 September that the company is drawing around USD1bn under its USD3.2bn Master Credit Agreement, which will expire in June 2012. The company anticipates cash and cash equivalents of approximately USD2bn as of 30 September 2008 with the current transaction.

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For full details on Duke Energy Corp (DUK) click here. Duke Energy Corp (DUK) has Short Term PowerRatings of 4. Details on Duke Energy Corp (DUK) Short Term PowerRatings is available at This Link.

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