Deals • 02/27/2023

Loop Capital Markets as co-manager on $1.4 billion First Mortgage Bond (FMB) offering for PPL Electric Utilities Corporation

On February 27, 2023, Loop Capital Markets acted as a co-manager on a two-tranche, $1.4 billion FMB offering for PPL Electric Utilities Corporation. The bonds are rated A1/A+ across 10-, and 30-year tranches.

Use of proceeds are earmarked for debt repayment and general corporate purposes.

 

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