PPL Capital Funding $500 million 4% notes issue

8/9/2017
Investment grade bond/note issue

$ 500 million

Completed

8/9/2017


Overview:

  • PPL Capital Funding has issued $500 million in senior notes.
  • The 4% notes are due 2047.
  • All proceeds will be used for the repayment of existing short term debts and for general corporate purposes.
  • The issuer is a global energy deliverer to the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee.
  • Goldman Sachs, JP Morgan Securities, Merrill Lynch Pierce Fenner & Smith and Scotia Capital acted as underwriters.

 Katrin Kostadinova - Data analyst 

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