RICHMOND, Va., Aug. 11, 2021 /PRNewswire/ -- Dominion
Energy, Inc. (NYSE: D), announced today that it has issued a notice
of redemption for its 2016 Series A 5.25% Enhanced Junior
Subordinated Notes due 2076 (NYSE: DRUA) (the Junior Subordinated
Notes) regarding the redemption of all of the outstanding
$800 million aggregate principal
amount of the Junior Subordinated Notes. The redemption date of the
Junior Subordinated Notes will be Aug. 31,
2021, and the redemption price of the Junior Subordinated
Notes will be 100% of the principal amount, plus accrued and unpaid
interest to, but not including, the redemption date of $0.109375 per $25.
Dominion Energy regularly reviews its fixed income obligations
seeking to opportunistically optimize its portfolio.
The Paying Agent for the redemption of the Junior Subordinated
Notes is Deutsche Bank Trust Company Americas, c/o DB Services
Americas, Inc., 5022 Gate Parkway, Suite 200, Jacksonville, Florida 32256.
The redemption is being made pursuant to redemption provisions
of the Junior Subordinated Notes.
About Dominion Energy
More than 7 million customers in
16 states energize their homes and businesses with electricity or
natural gas from Dominion Energy (NYSE: D), headquartered
in Richmond, Va. The company is committed to sustainable, reliable,
affordable and safe energy and to achieving net zero carbon dioxide
and methane emissions from its power generation and gas
infrastructure operations by 2050. Please
visit DominionEnergy.com to learn more.
This news release includes certain "forward-looking
information." Examples include information as to expectations,
beliefs, plans, goals, objectives and future financial or other
performance or assumptions concerning matters discussed in this
release. Our business is influenced by many factors that are
difficult to predict, involve uncertainties that may materially
affect actual results and are often beyond our ability to control
or estimate precisely. We have identified and will in the
future identify in our SEC Reports on Forms 10-K and 10-Q a number
of factors that could cause actual results to differ from those in
the forward-looking statements. We refer you to those discussions
for further information. Any forward-looking statement speaks
only as of the date on which it is made, and we undertake no
obligation to update any forward-looking statement to reflect
events or circumstances after the date on which it is made.
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SOURCE Dominion Energy