Dominion Energy offers junior subordinated notes with optional 10-year interest deferral

Filed June 8, 2026 · ~2 min read

Key Changes

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  Dominion Energy offers two series of junior subordinated notes maturing 2056 with reset rates. The company can defer interest payments for up to 10 consecutive years at its discretion, potentially multiple times.

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  The notes are subordinated to $13.3 billion of existing Dominion debt and effectively subordinated to $28.1 billion of subsidiary debt. In bankruptcy, holders would be paid only after all senior creditors are satisfied.

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  During interest deferral periods, investors must pay taxes on accrued interest despite receiving no cash payments. The company cannot pay common dividends or service pari passu/junior debt during deferral.

  The Offering verify on EDGAR →