debt
confidence high
sentiment neutral
materiality 0.50
PPL Capital Funding issues $750M of 5.250% Senior Notes due 2034
PPL Corp
- Issued $750M aggregate principal of 5.250% Senior Notes maturing September 1, 2034.
- Notes are fully and unconditionally guaranteed by PPL Corporation.
- Net proceeds used for general corporate purposes, including repayment of short-term debt.
- Notes may be redeemed early at PPL Capital Funding's option.
- Underwriters include Morgan Stanley, MUFG, Truist, and Wells Fargo.