
Dominion Resources Capital Trust III, founded as a part of Dominion Energy, is headquartered in Richmond, Virginia, and focuses on capital trust services. The company primarily offers trust securities and financing solutions, facilitating capital raising for the Dominion Energy group.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
D 8.40% 2031-01-15 USDDominion Resources Capital Trust III | United States | 2031-01-15 | 8.400 | 8.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Dominion Resources Capital Trust III has issued a variety of preferred securities and trust preferred securities to enhance its financial flexibility. One notable issuance was in 2003, which aimed to support Dominion's corporate strategy amidst a growing energy market. Current yields on its bond offerings often compare favorably within the industry, reflecting strong issuer credit ratings. Additionally, select bonds feature enhanced call provisions, allowing flexibility in financial management, while recent news reports highlight ongoing performance amidst regulatory changes in the energy sector.