Deals 01/02/2024

Loop Capital Markets as co-manager on $650 million first mortgage bond (FMB) offering for PPL Electric Utilities Corporation

On January 2, 2024, Loop Capital Markets acted as a co-manager on a $650 million FMB offering for PPL Electric Utilities Corporation. The 10-year bond is rated A1/A+.

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