Hunton Andrews Kurth LLP represented the underwriters in connection with PPL Capital Funding, Inc.’s offering of $1,000,000,000 aggregate principal amount of its 4.125% senior notes due 2030, fully and unconditionally guaranteed by PPL Corporation (PPL).
PPL Capital Funding, Inc. is a wholly-owned subsidiary of PPL that was formed solely for the primary purpose of providing financing for PPL and its subsidiaries’ operations. PPL, headquartered in Allentown, Pennsylvania, is an energy and utility holding company that was incorporated in 1994. Through its regulated utility subsidiaries, PPL Corporation delivers electricity to customers in the United Kington, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky and generates electricity from power plants in Kentucky.
The Hunton Andrews Kurth team included Peter K. O’Brien, Adam O’Brian and S. Ashley Jaber. Robert McNamara and Tim Strother provided tax advice.
