D DOMINION ENERGY, INC
Price Chart
Executive Summary
Dominion Energy issued $825 million of 5.35% senior notes due 2036 via an underwritten public offering. The net proceeds to the company before expenses are approximately $817 million (99.034% of par). This is a routine debt capital markets transaction that refinances or funds general corporate purposes — no material change to the company's credit profile or equity value.
Actionable Insight
Monitor the use of proceeds in upcoming quarterly filings — if proceeds are used for debt paydown at higher rates, the transaction is credit-neutral to mildly positive. If used to fund capex or acquisitions, watch leverage ratios. The 5.35% coupon at T+90 bps reflects investment-grade pricing consistent with Dominion's current credit profile.
Key Facts
- $825,000,000 aggregate principal amount of 2026 Series A 5.35% Senior Notes due 2036 issued
- Coupon: 5.35%, maturity June 15, 2036 (10-year tenor)
- Price to public: 99.684% of par; proceeds to company before expenses: 99.034% of par (~$817M)
- Reoffer yield: 5.391% (T+90 bps over 4.491% benchmark Treasury)
- Make-whole call at T+15 bps prior to March 15, 2036; par call thereafter
- Joint book-running managers: Citigroup, Deutsche Bank, PNC, U.S. Bancorp, BNY Mellon, Citizens JMP
- Notes are senior unsecured obligations under existing indenture with Deutsche Bank Trust Company Americas as trustee
- No financial statements, earnings data, or guidance provided in this filing
Financial Impact
$825 million debt issuance at 5.35% coupon — net proceeds ~$817 million before expenses
Risk Factors
- Increased leverage if proceeds are not used to retire higher-cost debt
- Interest rate risk — fixed-rate 10-year notes expose the company to mark-to-market losses if rates decline
- No earnings or operational data in this filing to assess credit coverage
Market Snapshot
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-258533 |
| Document: d129582dex42.htm | 0001193125-26-258533 |
| Document: d129582d8k.htm | 0001193125-26-258533 |
| Document: d129582dex51.htm | 0001193125-26-258533 |
| Document: 0001193125-26-258533-index-headers.html | 0001193125-26-258533 |
| Document: 0001193125-26-258533-index.html | 0001193125-26-258533 |
| Document: 0001193125-26-258533.txt | 0001193125-26-258533 |
Filters
| Type | Now | ||||
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Jun 9, 2026
3d ago
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425
| $66.24 awaiting T+1 | awaiting T+1 | — | $67.91 (+2.52%) |
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Jun 5, 2026
7d ago
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8-K
| $66.20 awaiting T+1 | awaiting T+1 | — | $67.91 (+2.58%) |
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Jun 3, 2026
9d ago
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424B5
| $65.46 $66.48 | ▲ +1.56% | ▲ +1.16% | $67.91 (+3.75%) |
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Jun 1, 2026
11d ago
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425
| $66.44 $65.46 | ▼ −1.47% | ▼ −0.75% | $67.91 (+2.22%) |
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May 21, 2026
22d ago
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425
| $67.77 $67.27 | ▼ −0.74% | ▼ −1.32% | $67.91 (+0.21%) |
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May 19, 2026
24d ago
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425
| $67.69 $68.25 | ▲ +0.83% | ▲ +0.63% | $67.91 (+0.33%) |
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May 19, 2026
24d ago
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425
| $67.69 $68.25 | ▲ +0.83% | ▲ +0.63% | $67.91 (+0.33%) |
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May 18, 2026
25d ago
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425
| $68.11 $67.69 | ▼ −0.62% | ▼ −1.66% | $67.91 (−0.29%) |
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May 18, 2026
25d ago
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425
| $68.11 $67.69 | ▼ −0.62% | ▼ −1.66% | $67.91 (−0.29%) |
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May 18, 2026
25d ago
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425
| $68.11 $67.69 | ▼ −0.62% | ▼ −1.66% | $67.91 (−0.29%) |
US Market Status
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