Duke Energy Carolinas, LLC

EX-4.1 2 tm2615837d4_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 DUKE ENERGY CAROLINAS, LLC TO THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., Trustee ONE-HUNDRED AND THIRTEENTH SUPPLEMENTAL INDENTURE Dated as of June 5, 2026 CREATING THREE SERIES OF FIRST AND REFUNDING MORTGAGE BONDS $400,000,000 FIRST AND REFUNDING MORTGAGE BONDS, 4.65% SERIES DUE 2031 $1,000,000,000 FIRST AND REFUNDING MORTGAGE BONDS, 5.15% SERIES DUE 2036 $1,000,000,000 FIRST AND REFUNDING MORTGAGE BONDS, 5.75% SERIES …

8-K · 2026-06-05 · 0001104659-26-070990

EX-99.1 4 tm2615837d4_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 DUKE ENERGY Carolinas, LLC FIRST AND REFUNDING MORTGAGE BONDS, $400,000,000 4.65% SERIES DUE 2031 $1,000,000,000 5.15% SERIES DUE 2036 $1,000,000,000 5.75% SERIES DUE 2056 UNDERWRITING AGREEMENT June 2, 2026 CIBC World Markets Corp. J.P. Morgan Securities LLC PNC Capital Markets LLC RBC Capital Markets, LLC SMBC Nikko Securities America, Inc. TD Securities (USA) LLC Truist Securities, Inc. U.S. Bancorp Investments, Inc…

8-K · 2026-06-05 · 0001104659-26-070990

EX-4.1 2 tm2525236d13_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 INDENTURE by and among DUKE ENERGY CAROLINAS SC STORM FUNDING LLC, Issuer and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, Indenture Trustee and U.S. BANK NATIONAL ASSOCIATION, Securities Intermediary and Account Bank Dated as of November 25, 2025 TABLE OF CONTENTS Page ARTICLE I Definitions AND RULES OF CONSTRUCTION; Incorporation by Reference 2 SECTION 1.01. Definitions and Rules of Construction …

8-K · 2025-11-25 · 0001104659-25-115952

EX-4.2 3 tm2525236d13_ex4-2.htm EXHIBIT 4.2 Exhibit 4.2 This SERIES SUPPLEMENT, dated as of November 25, 2025 (this “Supplement”), is by and between DUKE ENERGY CAROLINAS SC STORM FUNDING LLC, a limited liability company created under the laws of the State of Delaware (the “Issuer”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION (“Bank”), in its capacity as indenture trustee (the “Indenture Trustee”) for the benefit of the Secured Parties under the Indenture dated as of November 25, 202…

8-K · 2025-11-25 · 0001104659-25-115952

EX-99.1 10 tm2525236d13_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 November 25, 2025 To the Persons Listed on the Attached Schedule I Re: Federal Constitutional Law Issues related to Duke Energy Carolinas Storm Recovery Bonds Opinion Recipients: We have served as counsel to Duke Energy Carolinas, LLC (“DEC”), a South Carolina public utility, in connection with the issuance and sale on the date hereof by Duke Energy Carolinas SC Storm Funding LLC, a Delaware limited liability…

8-K · 2025-11-25 · 0001104659-25-115952

EX-99.2 11 tm2525236d13_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 850 Morrison Dr • Suite 775 • CHARLESTON, SOUTH CAROLINA 29403 • 854.214.5900 • bakerdonelson.com November 25, 2025 To the Parties listed on Schedule I attached hereto. $561,398,000 DUKE ENERGY CAROLINAS SC STORM FUNDING LLC SERIES A STORM RECOVERY BONDS Ladies and Gentlemen: We have served as South Carolina counsel to Duke Energy Carolinas, LLC (“DEC”), a limited liability company duly organized and existing under…

8-K · 2025-11-25 · 0001104659-25-115952