Correspondence 0001104659-24-046129 from DUKE ENERGY PROGRESS, LLC. (CIK 0000017797)
DUKE ENERGY PROGRESS, LLC. (CIK 0000017797)
Date: April 11, 2024 · CIK: 0000017797 · Accession: 0001104659-24-046129
AI Filing Summary & Sentiment
File numbers found in text: 333-276553
Letter
VIA EDGAR Securities and Exchange Commission Division of Corporation Finance Attention: Brandon Figgs– Office of Structured Finance Duke Energy Progress SC Funding, LLC Registration Statement on Form SF-1 Filed March 22, 2024 File Nos. 333-276553 and 333-276553-01
Dear Mr. Figgs and Mr. Meeks:
In connection with the proposed offering of the securities under the above-captioned Registration Statement on Form SF-1 (the “Registration Statement”), we wish to advise you that we, as the underwriters, hereby join the request of Duke Energy Progress, LLC and Duke Energy Progress SC Funding, LLC that the effective date of the Registration Statement be accelerated so that the same will become effective at 9:00 a.m. Eastern Time on April 15, 2024 or as soon as practicable thereafter.
The following is supplemental information supplied under Rule 418(a)(7) and Rule 460 under the Securities Act of 1933:
(i) Date of Preliminary Prospectus: March 22, 2024
(ii) Anticipated dates of distribution: April 11, 2024 – April 26, 2024
(iii) Number of preliminary prospectuses expected to be distributed to prospective underwriters, institutional investors, dealers and others: approximately 1500
(iv) We have complied and will comply, and have been informed by the participating underwriters that they have complied and will comply with the requirements of Rule 15c2-8 under the Securities Exchange Act of 1934, as amended.
Pursuant to Rule 460 of the Securities Act of 1933, please be advised that there will be distributed to each underwriter who is reasonably anticipated to participate in the distribution of the securities as many copies of the Preliminary Prospectus as appears to be reasonable to secure adequate distribution of the Preliminary Prospectus.
Remainder of the page intentionally left blank
Very truly yours,
Goldman Sachs & Co. LLC
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CORRESP
1
filename1.htm
April 11, 2024
VIA EDGAR
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
Attention:
Brandon Figgs– Office of Structured Finance
Benjamin Meeks – Office of Structured Finance
Re:
Duke Energy Progress, LLC
Duke Energy Progress SC Funding, LLC
Registration Statement on Form SF-1
Filed March 22, 2024
File Nos. 333-276553 and 333-276553-01
Dear Mr. Figgs and Mr. Meeks:
In connection with the
proposed offering of the securities under the above-captioned Registration Statement on Form SF-1 (the “Registration
Statement”), we wish to advise you that we, as the underwriters, hereby join the request of Duke Energy Progress, LLC and Duke
Energy Progress SC Funding, LLC that the effective date of the Registration Statement be accelerated so that the same will become effective
at 9:00 a.m. Eastern Time on April 15, 2024 or as soon as practicable thereafter.
The following is supplemental
information supplied under Rule 418(a)(7) and Rule 460 under the Securities Act of 1933:
(i) Date of Preliminary Prospectus: March 22, 2024
(ii) Anticipated dates of distribution: April 11, 2024 – April
26, 2024
(iii) Number of preliminary prospectuses expected to be distributed to prospective underwriters, institutional investors, dealers and others:
approximately 1500
(iv) We have complied and will comply, and have been informed by the participating underwriters that they have complied and will comply
with the requirements of Rule 15c2-8 under the Securities Exchange Act of 1934, as amended.
Pursuant to Rule 460 of
the Securities Act of 1933, please be advised that there will be distributed to each underwriter who is reasonably anticipated to participate
in the distribution of the securities as many copies of the Preliminary Prospectus as appears to be reasonable to secure adequate distribution
of the Preliminary Prospectus.
Remainder of the page
intentionally left blank
Very truly yours,
Goldman Sachs & Co. LLC
RBC Capital Markets, LLC
Goldman Sachs & Co. LLC
By:
/s/ Katrina T. Niehaus
Name:
Katrina T. Niehaus
Title:
Managing Director
RBC CAPITAL MARKETS, LLC
By:
/s/ Vincent Cimino
Name:
Vincent Cimino
Title:
Managing Director
On behalf of each of the Underwriters
Signature Page to Underwriters’
Acceleration Request