PPL Electric Utilities issues $500M of 5.75% First Mortgage Bonds due 2056

PPL Corp

$500M of First Mortgage Bonds, 5.75% Series due May 15, 2056, issued May 15, 2026.
Net proceeds to repay short-term debt and for general corporate purposes.
Bonds secured by lien on substantially all of PPL Electric's distribution and certain transmission properties.
Underwriters include MUFG Securities, PNC Capital Markets, U.S. Bancorp Investments, Wells Fargo Securities.
Supplemental Indenture No. 28 dated May 1, 2026; bonds issued under 2001 Indenture.

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