Dominion Energy, Inc. filed a free writing prospectus on November 2, 2026, disclosing final terms for two series of senior notes totaling $1.2 billion in aggregate principal amount.
Key Highlights
- Two tranches priced: $600,000,000 of 2026 Series B 5.25% Senior Notes due 2029 and $600,000,000 of 2026 Series C 5.95% Senior Notes due 2037, both traded November 2, 2026.
- Settlement date: Both series are expected to settle on November 16, 2026 (T+9).
- Reoffer yields: The 2029 notes carry a reoffer yield of 5.298%; the 2037 notes carry a reoffer yield of 5.998%, according to the filing.
- Spreads to benchmark: The 2029 series is priced at +65 basis points over the 4.875% Treasury due October 15, 2029; the 2037 series is priced at +110 basis points over the 4.625% Treasury due August 15, 2036.
- Expected ratings: Both series are expected to carry ratings of Baa2 (positive outlook) by Moody's, BBB (positive outlook) by S&P, and BBB+ (positive watch) by Fitch, as disclosed in the term sheet.
- Tax credit event redemption: Each series may be redeemed in whole but not in part at 101% of principal plus accrued interest, with notice issuable by the later of December 31, 2026 or six months from issuance.
- Joint book-runners: Goldman Sachs and Co. LLC, Mizuho Securities USA LLC, Barclays Capital Inc., BofA Securities, Inc., and J.P. Morgan Securities LLC are named as joint book-running managers.
Dominion Energy's November 2026 Dual-Tranche Senior Note Offering Terms
Dominion Energy, Inc. filed a free writing prospectus (FWP) pursuant to Rule 433, relating to a preliminary prospectus supplement dated November 2, 2026, to a base prospectus dated October 31, 2025, under Registration No. 333-291189. The filing sets out the final term sheet for two series of senior notes with a combined principal amount of $1.2 billion.
According to the filing, the 2026 Series B notes carry a coupon of 5.25%, mature on November 15, 2029, and were priced at 99.869% of principal, with proceeds to the company before expenses of 99.519% of principal. Interest is payable on May 15 and November 15 each year, with the first payment due May 15, 2027. Optional redemption terms include a make-whole call at Treasury plus 10 basis points prior to October 15, 2029, and a par call on or after that date.
The 2026 Series C notes carry a coupon of 5.95%, mature on January 15, 2037, and were priced at 99.620% of principal, with proceeds to the company before expenses of 98.970% of principal. Interest is payable on January 15 and July 15 each year, with the first payment due July 15, 2027. The optional redemption terms include a make-whole call at Treasury plus 20 basis points prior to October 15, 2036, and a par call on or after that date. The filing notes that both series are issued under the same registration statement and share identical expected credit ratings and tax credit event redemption provisions.
What Was Disclosed
Dominion Energy disclosed final pricing terms for two series of senior notes totaling $1.2 billion, including coupons, maturities, benchmark spreads, reoffer yields, prices, redemption provisions, expected ratings, CUSIP identifiers, and the names of joint book-running managers.



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