- 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