-----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, Gz/DojReYlIEODYhIXf+IQqwi6DfWFfnHf34S5tqm5oMuwcBW5SxPjq/b7NzakEY BlfUwQW/1pBDSUwhiwrSxw== 0000950144-08-002710.txt : 20080409 0000950144-08-002710.hdr.sgml : 20080409 20080409145724 ACCESSION NUMBER: 0000950144-08-002710 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080409 DATE AS OF CHANGE: 20080409 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: 08747519 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 g12709fwfwp.htm DUKE ENERGY CAROLINAS, LLC Duke Energy Carolinas, LLC
 

Filed pursuant to Rule 433
April 9, 2008
Relating to
Preliminary Prospectus Supplement dated April 9, 2008 to
Prospectus dated October 3, 2007
Registration Statement No. 333-146483-03
Duke Energy Carolinas, LLC
First and Refunding Mortgage Bonds,
$300,000,000 5.10% Series B Due 2018
$600,000,000 6.05% Series B Due 2038
Pricing Term Sheet
                 
 
Issuer:
    Duke Energy Carolinas, LLC  
 
Ratings (Moody’s/ S&P):
    A2 / A (stable/stable)  
 
Settlement:
    April 14, 2008; T+3  
 
Interest Payment Dates:
    April 15 and October 15, commencing October 15, 2008  
 
Security Description:
    First and Refunding Mortgage Bonds,
5.10% Series B Due 2018 		    First and Refunding Mortgage Bonds,
6.05% Series B Due 2038		  
 
Principal Amount:
    $300,000,000     $600,000,000  
 
Maturity:
    April 15, 2018     April 15, 2038  
 
Coupon:
    5.10%     6.05%  
 
Benchmark Treasury:
    3.50% due February 15, 2018     5.00% due May 15, 2037  
 
Benchmark Treasury Yield:
    3.469%     4.300%  
 
Spread to Benchmark Treasury:
    +165 bp     +177 bp  
 
Yield to Maturity:
    5.119%     6.070%  
 
Initial Price to Public:
    99.853% per Bond     99.725% per Bond  
 
Redemption Provisions:
              
 
Make-Whole Call:
    +30 bp     +35 bp  
 
CUSIP:
    26442CAD6     26442CAE4  
 
Book-Running Managers:
    Barclays Capital Inc.
Banc of America Securities LLC
Greenwich Capital Markets, Inc.		        
 
Co-Managers:
    BNP Paribas Securities Corp.
BNY Capital Markets, Inc.
KeyBanc Capital Markets Inc.
Lazard Capital Markets LLC
SunTrust Robinson Humphrey, Inc.		        
 
Junior Co-Manager:
    The Williams Capital Group, L.P.        
 
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 Barclays Capital Inc. at 1-888-227-2275 (ext. 2663), Banc of America Securities LLC at 1-800-294-1322 or Greenwich Capital Markets, Inc. at 1-866-884-2071.

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