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Published on 7/12/2012 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

PPL announces planned redemption of all 6.85% notes due 2047

By Ashley Montgomery

Kansas City, Kan., July 12 - PPL Corp. will redeem all of its 6.85% senior notes due 2047, according to a news release.

The notes will be redeemed on Aug. 14 at par plus accrued interest to the redemption date.

The energy and utility holding company is based in Allentown, Pa.


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