0001104659-24-046129.txt : 20240515 0001104659-24-046129.hdr.sgml : 20240515 20240411095735 ACCESSION NUMBER: 0001104659-24-046129 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240411 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DUKE ENERGY PROGRESS, LLC. CENTRAL INDEX KEY: 0000017797 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 560165465 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 411 FAYETTEVILLE STREET CITY: RALEIGH STATE: NC ZIP: 27601 BUSINESS PHONE: 800-488-3853 MAIL ADDRESS: STREET 1: 411 FAYETTEVILLE STREET CITY: RALEIGH STATE: NC ZIP: 27601 FORMER COMPANY: FORMER CONFORMED NAME: DUKE ENERGY PROGRESS, INC. DATE OF NAME CHANGE: 20130514 FORMER COMPANY: FORMER CONFORMED NAME: CAROLINA POWER & LIGHT CO DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Duke Energy Progress SC Storm Funding LLC CENTRAL INDEX KEY: 0002008486 ORGANIZATION NAME: IRS NUMBER: 990724467 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 411 FAYETTEVILLE STREET CITY: RALEIGH STATE: NC ZIP: 27601 BUSINESS PHONE: 704-382-3853 MAIL ADDRESS: STREET 1: 411 FAYETTEVILLE STREET CITY: RALEIGH STATE: NC ZIP: 27601 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.

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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