PPL Corporation Subsidiary Raises $1.15 Billion in Private Placement of Exchangeable Senior Notes

Reuters11-25

PPL Corporation Subsidiary Raises $1.15 Billion in Private Placement of Exchangeable Senior Notes

PPL Capital Funding, Inc., a wholly owned subsidiary of PPL Corporation, has issued $1.15 billion in aggregate principal amount of 3.000% Exchangeable Senior Notes due 2030 in a private placement to qualified institutional buyers. The offering includes an additional $150 million purchased by initial purchasers exercising their option in full. The notes, which are senior unsecured obligations of the issuer and fully guaranteed by PPL Corporation, will mature on December 1, 2030, with interest payable semiannually. Net proceeds of approximately $1.14 billion will be used to repay short-term debt and for general corporate purposes. The transaction was conducted pursuant to a purchase agreement with Wells Fargo Securities, LLC and Barclays Capital Inc.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PPL Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000922224-25-000057), on November 24, 2025, and is solely responsible for the information contained therein.

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ID: 0000922224-25-000057), on November 24, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0345777147.USD","symbol_name":"NINETY ONE GSF EUROPEAN EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251124:nNDLbmbcvj:1","article_id":"2586186418","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2586186418","pubTimestamp":1764020708,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"PPL Capital Funding, Inc., a wholly owned subsidiary of PPL Corporation, has issued $1.15 billion in aggregate principal amount of 3.000% Exchangeable Senior Notes due 2030 in a private placement to qualified institutional buyers. 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The offering includes an additional $150 million purchased by initial purchasers exercising their option in full. The notes, which are senior unsecured obligations of the issuer and fully guaranteed by PPL Corporation, will mature on December 1, 2030, with interest payable semiannually. Net proceeds of approximately $1.14 billion will be used to repay short-term debt and for general corporate purposes. The transaction was conducted pursuant to a purchase agreement with Wells Fargo Securities, LLC and Barclays Capital Inc.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PPL Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000922224-25-000057), on November 24, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2586186418","isCrawlerRequest":true}