-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TU6ELvar7hucHy8kPI8M28TvMBjf47V4xKpiBYZVjYEVCVijZaTP5DeX2gBD1u+U ghQeM6TX3XtZBH7WvIkLTw== 0000950123-09-063141.txt : 20091116 0000950123-09-063141.hdr.sgml : 20091116 20091116170532 ACCESSION NUMBER: 0000950123-09-063141 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20091116 DATE AS OF CHANGE: 20091116 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Duke Energy Carolinas, LLC CENTRAL INDEX KEY: 0000030371 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 560205520 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-146483-03 FILM NUMBER: 091187938 BUSINESS ADDRESS: STREET 1: 526 SOUTH CHURCH STREET STREET 2: EC03T CITY: CHARLOTTE STATE: NC ZIP: 28202 BUSINESS PHONE: 704-594-6200 MAIL ADDRESS: STREET 1: 526 SOUTH CHURCH STREET STREET 2: EC03T CITY: CHARLOTTE STATE: NC ZIP: 28202 FORMER COMPANY: FORMER CONFORMED NAME: Duke Power CO LLC DATE OF NAME CHANGE: 20060403 FORMER COMPANY: FORMER CONFORMED NAME: DUKE ENERGY CORP DATE OF NAME CHANGE: 19970618 FORMER COMPANY: FORMER CONFORMED NAME: DUKE POWER CO /NC/ DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Duke Energy Carolinas, LLC CENTRAL INDEX KEY: 0000030371 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 560205520 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 526 SOUTH CHURCH STREET STREET 2: EC03T CITY: CHARLOTTE STATE: NC ZIP: 28202 BUSINESS PHONE: 704-594-6200 MAIL ADDRESS: STREET 1: 526 SOUTH CHURCH STREET STREET 2: EC03T CITY: CHARLOTTE STATE: NC ZIP: 28202 FORMER COMPANY: FORMER CONFORMED NAME: Duke Power CO LLC DATE OF NAME CHANGE: 20060403 FORMER COMPANY: FORMER CONFORMED NAME: DUKE ENERGY CORP DATE OF NAME CHANGE: 19970618 FORMER COMPANY: FORMER CONFORMED NAME: DUKE POWER CO /NC/ DATE OF NAME CHANGE: 19920703 FWP 1 g21187fwfwp.htm FWP fwp
Filed pursuant to Rule 433
November 16, 2009
Relating to
Preliminary Prospectus Supplement dated November 16, 2009 to
Prospectus dated October 3, 2007
Registration Statement No. 333-146483-03
Duke Energy Carolinas, LLC
First and Refunding Mortgage Bonds,
$750,000,000 5.30% Series due 2040
Pricing Term Sheet
           
 
Issuer:
    Duke Energy Carolinas, LLC  
 
Ratings (Moody’s/S&P):
    A1/A (stable/positive)
 
A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.		  
 
Settlement:
    November 19, 2009; T + 3  
 
Interest Payment Dates:
    February 15 and August 15, commencing August 15, 2010  
 
Security Description:
    First and Refunding Mortgage Bonds, 5.30% Series due 2040  
 
Principal Amount:
    $750,000,000  
 
Maturity:
    February 15, 2040  
 
Coupon:
    5.30%  
 
Benchmark Treasury:
    4.50% due August 15, 2039  
 
Benchmark Treasury Yield:
    4.277%  
 
Spread to Benchmark Treasury:
    +105 bp  
 
Yield to Maturity:
    5.327%  
 
Initial Price to Public:
    99.573% per Bond  
 
Redemption Provisions:
        
 
     Make-Whole Call:
    +20 bp  
 
CUSIP:
    26442CAH7  
 
Book-Running Managers:
    Banc of America Securities LLC
Citigroup Global Markets Inc.
Morgan Stanley & Co. Incorporated
Wells Fargo Securities, LLC		  
 
Co-Managers:
    BBVA Securities Inc.
Banca IMI S.p.A.
Goldman, Sachs & Co.
Scotia Capital (USA) Inc.
SunTrust Robinson Humphrey, Inc.		  
 
Junior Co-Managers:
    Blaylock Robert Van, LLC
SL Hare Capital, Inc.
CastleOak Securities, L.P.
Toussaint Capital Partners, LLC
Cabrera Capital Markets, LLC		  
 
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Banc of America Securities LLC toll free at 1-800-294-1322, Citigroup Global Markets Inc. toll free at 1-877-858-5407, Morgan Stanley & Co. Incorporated toll free at 1-866-718-1649 or Wells Fargo Securities, LLC toll free at 1-800-326-5897.

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