SEC Company Response from DUKE ENERGY PROGRESS, LLC. (CIK 0000017797) — Sep 18, 2025
DUKE ENERGY PROGRESS, LLC. (CIK 0000017797)
Date: Sept. 18, 2025 · CIK: 0000017797 · Accession: 0001104659-25-091060
AI Filing Summary & Sentiment
File numbers found in text: 333-288942
Letter
VIA EDGAR Securities and Exchange Commission Division of Corporation Finance Attention: Hodan Siad– Office of Structured Finance Duke Energy Progress NC Storm Funding II LLC Registration Statement on Form SF-1 Filed September 3, 2025 File Nos. 333-288942 and 333-288942-01
Dear Ms. Siad and Mr. Sandel:
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 representatives of the underwriters, hereby join the request of Duke Energy Progress, LLC and Duke Energy Progress NC Storm Funding II 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 September 22, 2025, 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: September 3, 2025
(ii) Anticipated dates of distribution: September 18, 2025 – September 30, 2025
(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.
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Very truly yours,
RBC Capital Markets, LLC
Show Raw Text
CORRESP
1
filename1.htm
September 18, 2025
VIA EDGAR
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
Attention:
Hodan Siad– Office of Structured Finance
Arthur Sandel – Office of Structured Finance
Re:
Duke Energy Progress, LLC
Duke Energy Progress NC Storm Funding II LLC
Registration Statement on Form SF-1
Filed September 3, 2025
File Nos. 333-288942 and 333-288942-01
Dear Ms. Siad and Mr. Sandel:
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 representatives of the underwriters, hereby join the request of Duke Energy Progress,
LLC and Duke Energy Progress NC Storm Funding II 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 September 22, 2025, 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: September 3, 2025
(ii) Anticipated dates of distribution: September 18, 2025 –
September 30, 2025
(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,
RBC Capital Markets, LLC
Barclays Capital Inc.
RBC CAPITAL
MARKETS, LLC
By:
/s/ Sofia Shields
Name:
Sofia Shields
Title:
Managing Director
BARCLAYS CAPITAL INC.
By:
/s/ Eric Chang
Name:
Eric Chang
Title:
Managing Director
On behalf of each of the Underwriters
Signature Page to
Underwriters’ Acceleration Request