Credit Ratings
| Duke Energy Corporation |  Moody's Report |
S&P Report |
|---|---|---|
| Outlook | Stable | Stable |
| Issuer Rating / Corporate Credit Rating | Baa2 | A- |
| Senior Unsecured | Baa2 | BBB+ |
| Commercial Paper | P-2 | A-2 |
| Duke Energy Carolinas | Moody's Report |
S&P Report |
| Outlook | Stable | Stable |
| Senior Secured | A1 | A |
| Secured Unsecured | A3 | A- |
| Duke Energy Indiana | Moody's Report |
S&P Report |
| Outlook | Stable | Stable |
| Senior Secured | A2 | A |
| Secured Unsecured | Baa1 | A- |
| Duke Energy Ohio | Moody's Report |
S&P Report |
| Outlook | Stable | Stable |
| Senior Secured | A2 | A |
| Secured Unsecured | Baa1 | A- |
| Duke Energy Kentucky | Moody's Report |
S&P Report |
| Outlook | Stable | Stable |
| Secured Unsecured | Baa1 | A- |
| Credit Rating History |
|---|
| History of Moody's and S&P credit ratings for all business entities. (pdf, 122 KB) |
| What is a credit rating? An independent opinion from a credit rating agency about the likelihood a debt issuer will meet its financial obligations (i.e., creditworthiness). | ||
| Credit Quality | Moody's | S&P |
| Highest | Aaa | AAA |
| High | Aa | AA |
| Upper Medium | A | A |
| Moderate | Baa | BBB |
| Note: S&P uses the credit rating modifiers + and - to indicate relative standing within a particular rating category. Moody's uses the numbers 1, 2 and 3 to indicate relative standing, with the numbers 1 and 3 corresponding to the + and - of S&P. Visit S&P's Understanding Ratings or Moody's Ratings Definitions for more information. | ||
